Oil Prices in February 1987: WTI Daily Prices and Monthly Average
WTI averaged $17.75 per barrel in February 1987, down $0.90 (4.8%) from January 1987. A year earlier, in February 1986, it averaged $15.46, so the price was higher by $2.29 (14.8%) year over year.
Daily spot prices, February 1987
Chart data table (19 rows)
| Period | WTI |
|---|---|
| Feb 27, 1987 | $16.45 |
| Feb 26, 1987 | $16.98 |
| Feb 25, 1987 | $16.43 |
| Feb 24, 1987 | $16.75 |
| Feb 23, 1987 | $17.15 |
| Feb 20, 1987 | $17.83 |
| Feb 19, 1987 | $17.48 |
| Feb 18, 1987 | $17.44 |
| Feb 17, 1987 | $17.78 |
| Feb 13, 1987 | $17.83 |
| Feb 12, 1987 | $18.05 |
| Feb 11, 1987 | $18.03 |
| Feb 10, 1987 | $18.43 |
| Feb 9, 1987 | $18.37 |
| Feb 6, 1987 | $18.44 |
| Feb 5, 1987 | $18.56 |
| Feb 4, 1987 | $18.26 |
| Feb 3, 1987 | $18.38 |
| Feb 2, 1987 | $18.59 |
Prices fell over the month, from $18.59 on Feb 2, 1987 to $16.45 on Feb 27, 1987, with declines on 13 of 19 trading days.
EIA's Brent spot price series begins on May 20, 1987, so this page has WTI prices only.
Among the 41 February averages EIA has published, 1987's ranks 6th lowest. Within 1987 it ranks 2nd lowest of the 12 monthly averages. The high was $18.59 on Feb 2, 1987 and the low $16.43 on Feb 25, 1987. In October 2026 dollars (CPI-U), the average equals $53.68 and the high of $18.59 equals $56.22.
February 1987 summary
| Measure | WTI |
|---|---|
| Monthly average | $17.75 |
| Change vs January 1987 | −$0.90 |
| Change vs February 1986 | +$2.29 |
| Highest daily price | $18.59 Feb 2, 1987 |
| Lowest daily price | $16.43 Feb 25, 1987 |
| Published daily observations | 19 |
| Average in October 2026 dollars (CPI-U) | $53.68 |
Monthly averages are EIA's published figures. Real figures use CPI-U for February 1987.
February in other years
| Year | WTI average | vs February 1987 | Real |
|---|---|---|---|
| 2026 | $64.51 | +263.4% | $66.63 |
| 2025 | $71.53 | +303.0% | $75.66 |
| 2024 | $77.25 | +335.2% | $84.02 |
| 2023 | $76.83 | +332.8% | $86.20 |
| 2022 | $91.64 | +416.3% | $109.02 |
| 2021 | $59.04 | +232.6% | $75.76 |
| 2020 | $50.54 | +184.7% | $65.94 |
| 2019 | $54.95 | +209.6% | $73.37 |
| 2018 | $62.23 | +250.6% | $84.35 |
| 2017 | $53.47 | +201.2% | $74.08 |
| 2016 | $30.32 | +70.8% | $43.16 |
| 2015 | $50.58 | +185.0% | $72.73 |
| 2014 | $100.82 | +468.0% | $144.93 |
| 2013 | $95.31 | +437.0% | $138.56 |
| 2012 | $102.20 | +475.8% | $151.51 |
| 2011 | $88.58 | +399.0% | $135.09 |
| 2010 | $76.39 | +330.4% | $118.96 |
| 2009 | $39.09 | +120.2% | $62.18 |
| 2008 | $95.39 | +437.4% | $152.08 |
| 2007 | $59.28 | +234.0% | $98.32 |
| 2006 | $61.63 | +247.2% | $104.68 |
| 2005 | $48.15 | +171.3% | $84.73 |
| 2004 | $34.69 | +95.4% | $62.88 |
| 2003 | $35.83 | +101.9% | $66.05 |
| 2002 | $20.72 | +16.7% | $39.33 |
| 2001 | $29.61 | +66.8% | $56.85 |
| 2000 | $29.37 | +65.5% | $58.38 |
| 1999 | $12.01 | −32.3% | $24.64 |
| 1998 | $16.06 | −9.5% | $33.48 |
| 1997 | $22.18 | +25.0% | $46.90 |
| 1996 | $19.09 | +7.5% | $41.60 |
| 1995 | $18.57 | +4.6% | $41.53 |
| 1994 | $14.78 | −16.7% | $34.00 |
| 1993 | $20.09 | +13.2% | $47.38 |
| 1992 | $19.01 | +7.1% | $46.29 |
| 1991 | $20.48 | +15.4% | $51.28 |
| 1990 | $22.11 | +24.6% | $58.30 |
| 1989 | $17.94 | +1.1% | $49.79 |
| 1988 | $16.80 | −5.4% | $48.88 |
| 1987 | $17.75 | — | $53.68 |
| 1986 | $15.46 | −12.9% | $47.74 |
“—” in the real column means BLS has published no CPI-U for that month. The comparison column shows how far that year's average was from February 1987.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Feb 2, 1987 – Feb 27, 1987 | Feb 27, 1987 |
| U.S. Bureau of Labor Statistics | CUUR0000SA0 — CPI-U, all items, NSA | index, 1982–84=100 | monthly | October 2026 |
Last updated: Nov 10, 2026, 7:01 PM CST. Raw values are shown in source units; any conversion is labeled. See methodology and data sources.
Download:1987 daily prices (CSV)