Oil Prices in January 2026: WTI & Brent Daily Prices and Monthly Average
WTI averaged $60.04 per barrel in January 2026, up $2.07 (3.6%) from December 2025. A year earlier, in January 2025, it averaged $75.74, so the price was lower by $15.70 (20.7%) year over year.
Daily spot prices, January 2026
Chart data table (21 rows)
| Period | WTI | Brent |
|---|---|---|
| Jan 30, 2026 | $64.50 | $72.25 |
| Jan 29, 2026 | $64.77 | $71.00 |
| Jan 28, 2026 | $62.75 | $70.90 |
| Jan 27, 2026 | $62.04 | $70.28 |
| Jan 26, 2026 | $60.46 | $67.70 |
| Jan 23, 2026 | $60.70 | $68.16 |
| Jan 22, 2026 | $59.24 | $65.46 |
| Jan 21, 2026 | $60.38 | $66.72 |
| Jan 20, 2026 | $60.30 | $67.68 |
| Jan 19, 2026 | — | $66.91 |
| Jan 16, 2026 | $59.40 | $66.97 |
| Jan 15, 2026 | $59.13 | $66.16 |
| Jan 14, 2026 | $61.84 | $68.87 |
| Jan 13, 2026 | $60.85 | $67.58 |
| Jan 12, 2026 | $59.39 | $65.40 |
| Jan 9, 2026 | $58.96 | $65.11 |
| Jan 8, 2026 | $57.74 | $63.34 |
| Jan 7, 2026 | $56.01 | $61.08 |
| Jan 6, 2026 | $56.97 | $62.10 |
| Jan 5, 2026 | $58.10 | $63.00 |
| Jan 2, 2026 | $57.21 | $61.98 |
Prices rose over the month, from $57.21 on Jan 2, 2026 to $64.50 on Jan 30, 2026, with gains on 13 of 20 trading days. The largest one-day move was −$2.71 on Jan 15, 2026 (−4.4%).
Brent averaged $66.60; its premium over WTI on matched dates averaged $6.55, with the daily Brent − WTI difference ranging from +$4.77 to +$8.24.
It was the lowest monthly average of 2026 so far.
January 2026 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $60.04 | $66.60 |
| Change vs December 2025 | +$2.07 | +$4.06 |
| Change vs January 2025 | −$15.70 | −$12.67 |
| Highest daily price | $64.77 Jan 29, 2026 | $72.25 Jan 30, 2026 |
| Lowest daily price | $56.01 Jan 7, 2026 | $61.08 Jan 7, 2026 |
| Published daily observations | 20 | 21 |
| Average in September 2026 dollars (CPI-U) | $62.20 | $68.99 |
Monthly averages are EIA's published figures. Real figures use CPI-U for January 2026.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Jan 2, 2026 – Jan 30, 2026 | Jan 30, 2026 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Jan 2, 2026 – Jan 30, 2026 | Jan 30, 2026 |
| 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:2026 daily prices (CSV)