Skip to content
US Oil Gauge
Menu

Oil Prices in September 2022: WTI & Brent Daily Prices and Monthly Average

WTI average
$84.26
EIA monthly average
vs August 2022
−10.0%
$93.67
vs September 2021
+17.6%
$71.65
Brent average
$89.76
avg daily Brent − WTI +$5.38

WTI dropped in September 2022: the monthly average fell to $84.26, down $9.41 (10.0%) from August 2022. A year earlier, in September 2021, it averaged $71.65, so the price was higher by $12.61 (17.6%) year over year.

Daily spot prices, September 2022

Chart data table (22 rows)
Daily spot prices, September 2022 ($/bbl)
PeriodWTIBrent
Sep 30, 2022$79.91$88.90
Sep 29, 2022$81.78$89.41
Sep 28, 2022$82.61$89.55
Sep 27, 2022$78.91$85.97
Sep 26, 2022$77.17$82.55
Sep 23, 2022$79.07$84.29
Sep 22, 2022$84.02$90.40
Sep 21, 2022$83.38$89.86
Sep 20, 2022$84.69$89.62
Sep 19, 2022$86.15—
Sep 16, 2022$85.57$89.43
Sep 15, 2022$85.72$89.28
Sep 14, 2022$88.88$92.83
Sep 13, 2022$87.84$92.04
Sep 12, 2022$88.18$93.45
Sep 9, 2022$87.27$91.68
Sep 8, 2022$84.04$87.99
Sep 7, 2022$82.50$86.83
Sep 6, 2022$87.35$91.43
Sep 5, 2022—$94.22
Sep 2, 2022$87.29$93.09
Sep 1, 2022$87.09$92.24

Prices fell over the month, from $87.09 on Sep 1, 2022 to $79.91 on Sep 30, 2022. The largest one-day move was −$4.95 on Sep 23, 2022 (−5.9%).

Brent averaged $89.76; its premium over WTI on matched dates averaged $5.38, with the daily Brent − WTI difference ranging from +$3.56 to +$8.99.

Adjusted with CPI-U, the September 2022 average equals $95.65 in September 2026 dollars.

September 2022 summary

MeasureWTIBrent
Monthly average$84.26$89.76
Change vs August 2022−$9.41−$10.69
Change vs September 2021+$12.61+$15.27
Highest daily price$88.88 Sep 14, 2022$94.22 Sep 5, 2022
Lowest daily price$77.17 Sep 26, 2022$82.55 Sep 26, 2022
Published daily observations2121
Average in September 2026 dollars (CPI-U)$95.65$101.90

Monthly averages are EIA's published figures. Real figures use CPI-U for September 2022.

Part of the price episode: 2022 price spike

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB (daily, monthly)$/bblSep 1, 2022 – Sep 30, 2022Sep 30, 2022
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblSep 1, 2022 – Sep 30, 2022Sep 30, 2022
U.S. Bureau of Labor StatisticsCUUR0000SA0 — CPI-U, all items, NSAindex, 1982–84=100monthlySeptember 2026

Last updated: Oct 21, 2026, 5:27 PM CDT. Raw values are shown in source units; any conversion is labeled. See methodology and data sources.

Download:2022 daily prices (CSV)