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Oil Prices in April 2023: WTI & Brent Daily Prices and Monthly Average

WTI average
$79.45
EIA monthly average
vs March 2023
+8.4%
$73.28
vs April 2022
−21.9%
$101.78
Brent average
$84.64
avg daily Brent − WTI +$5.21

WTI averaged $79.45 per barrel in April 2023, up $6.17 (8.4%) from March 2023. A year earlier, in April 2022, it averaged $101.78, so the price was lower by $22.33 (21.9%) year over year.

Daily spot prices, April 2023

Chart data table (19 rows)
Daily spot prices, April 2023 ($/bbl)
PeriodWTIBrent
Apr 28, 2023$76.78$81.32
Apr 27, 2023$74.77$80.11
Apr 26, 2023$74.33$79.19
Apr 25, 2023$77.05$82.13
Apr 24, 2023$78.64$84.23
Apr 21, 2023$77.86$83.36
Apr 20, 2023$77.27$83.29
Apr 19, 2023$79.18$85.34
Apr 18, 2023$80.85$85.48
Apr 17, 2023$80.93$85.63
Apr 14, 2023$82.58$87.31
Apr 13, 2023$82.16$86.51
Apr 12, 2023$83.26$88.31
Apr 11, 2023$81.54$87.32
Apr 10, 2023$79.79—
Apr 6, 2023$80.70$86.56
Apr 5, 2023$80.69$85.89
Apr 4, 2023$80.70$85.70
Apr 3, 2023$80.40$85.81

Prices peaked at $83.26 on Apr 12, 2023, then fell to $74.33 on Apr 26, 2023 and ended at $76.78. The largest one-day move was +$4.72 on Apr 3, 2023 (+6.2%).

Brent averaged $84.64; its premium over WTI on matched dates averaged $5.21, with the daily Brent − WTI difference ranging from +$4.35 to +$6.16.

Adjusted with CPI-U, the April 2023 average equals $88.24 in September 2026 dollars.

April 2023 summary

MeasureWTIBrent
Monthly average$79.45$84.64
Change vs March 2023+$6.17+$6.21
Change vs April 2022−$22.33−$19.94
Highest daily price$83.26 Apr 12, 2023$88.31 Apr 12, 2023
Lowest daily price$74.33 Apr 26, 2023$79.19 Apr 26, 2023
Published daily observations1918
Average in September 2026 dollars (CPI-U)$88.24$94.01

Monthly averages are EIA's published figures. Real figures use CPI-U for April 2023.

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB (daily, monthly)$/bblApr 3, 2023 – Apr 28, 2023Apr 28, 2023
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblApr 3, 2023 – Apr 28, 2023Apr 28, 2023
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:2023 daily prices (CSV)