Oil Prices in November 2024: WTI & Brent Daily Prices and Monthly Average
At $69.95 per barrel, November 2024's WTI average was the lowest monthly average in nominal terms since August 2021, down $2.04 (2.8%) from October 2024. A year earlier, in November 2023, it averaged $77.69, so the price was lower by $7.74 (10.0%) year over year.
Daily spot prices, November 2024
Chart data table (21 rows)
| Period | WTI | Brent |
|---|---|---|
| Nov 29, 2024 | $68.26 | $74.16 |
| Nov 28, 2024 | — | $73.92 |
| Nov 27, 2024 | $69.03 | $73.91 |
| Nov 26, 2024 | $69.05 | $74.56 |
| Nov 25, 2024 | $69.41 | $74.27 |
| Nov 22, 2024 | $71.68 | $76.10 |
| Nov 21, 2024 | $70.39 | $75.09 |
| Nov 20, 2024 | $69.25 | $74.33 |
| Nov 19, 2024 | $69.75 | $74.32 |
| Nov 18, 2024 | $69.46 | $74.35 |
| Nov 15, 2024 | $67.33 | $73.45 |
| Nov 14, 2024 | $68.99 | $73.39 |
| Nov 13, 2024 | $68.76 | $72.86 |
| Nov 12, 2024 | $68.43 | $72.56 |
| Nov 11, 2024 | $70.69 | $72.19 |
| Nov 8, 2024 | $70.69 | $74.04 |
| Nov 7, 2024 | $72.69 | $75.73 |
| Nov 6, 2024 | $71.98 | $76.52 |
| Nov 5, 2024 | $72.26 | $76.98 |
| Nov 4, 2024 | $71.83 | $74.89 |
| Nov 1, 2024 | $69.81 | $73.63 |
Prices peaked at $72.69 on Nov 7, 2024, then fell to $67.33 on Nov 15, 2024 and ended at $68.26.
Brent averaged $74.35; its premium over WTI on matched dates averaged $4.38, with the daily Brent − WTI difference ranging from +$1.50 to +$6.12.
It was the lowest monthly average of 2024.
November 2024 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $69.95 | $74.35 |
| Change vs October 2024 | −$2.04 | −$1.28 |
| Change vs November 2023 | −$7.74 | −$8.59 |
| Highest daily price | $72.69 Nov 7, 2024 | $76.98 Nov 5, 2024 |
| Lowest daily price | $67.33 Nov 15, 2024 | $72.19 Nov 11, 2024 |
| Published daily observations | 20 | 21 |
| Average in September 2026 dollars (CPI-U) | $74.71 | $79.40 |
Monthly averages are EIA's published figures. Real figures use CPI-U for November 2024.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Nov 1, 2024 – Nov 29, 2024 | Nov 29, 2024 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Nov 1, 2024 – Nov 29, 2024 | Nov 29, 2024 |
| U.S. Bureau of Labor Statistics | CUUR0000SA0 — CPI-U, all items, NSA | index, 1982–84=100 | monthly | September 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:2024 daily prices (CSV)