Oil Prices in June 1987: WTI & Brent Daily Prices and Monthly Average
At $20.07 per barrel, June 1987's WTI average was the highest monthly average in nominal terms since January 1986, up $0.63 (3.2%) from May 1987. The average was 49% above the $13.43 of June 1986.
Daily spot prices, June 1987
Chart data table (22 rows; WTI on 22, Brent on 21)
| Period | WTI | Brent |
|---|---|---|
| Jun 30, 1987 | $20.22 | $19.08 |
| Jun 29, 1987 | $20.38 | $19.15 |
| Jun 26, 1987 | $20.34 | $19.08 |
| Jun 25, 1987 | $20.15 | $18.70 |
| Jun 24, 1987 | $20.13 | $18.75 |
| Jun 23, 1987 | $19.95 | $18.90 |
| Jun 22, 1987 | $20.49 | $19.10 |
| Jun 19, 1987 | $20.65 | $19.05 |
| Jun 18, 1987 | $20.50 | $19.05 |
| Jun 17, 1987 | $20.41 | $19.03 |
| Jun 16, 1987 | $20.27 | $18.90 |
| Jun 15, 1987 | $20.07 | — |
| Jun 12, 1987 | $19.93 | $18.78 |
| Jun 11, 1987 | $19.85 | $18.68 |
| Jun 10, 1987 | $19.83 | $18.78 |
| Jun 9, 1987 | $19.84 | $18.78 |
| Jun 8, 1987 | $19.94 | $18.75 |
| Jun 5, 1987 | $19.79 | $18.65 |
| Jun 4, 1987 | $19.75 | $18.78 |
| Jun 3, 1987 | $19.87 | $18.75 |
| Jun 2, 1987 | $19.70 | $18.68 |
| Jun 1, 1987 | $19.55 | $18.65 |
The month's range ran from $19.55 on Jun 1, 1987 to $20.65 on Jun 19, 1987; the last price was $20.22 on Jun 30, 1987.
Brent averaged $18.86, on matched dates $1.21 below WTI on average across 21 dates.
Among the 41 June averages EIA has published, 1987's ranks 11th lowest. Within 1987 it ranks 3rd highest of the 12 monthly averages. In October 2026 dollars (CPI-U), the average equals $59.68 and the high of $20.65 equals $61.41.
June 1987 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $20.07 | $18.86 |
| Change vs May 1987 | +$0.63 | +$0.28 |
| Change vs June 1986 | +$6.64 | — |
| Highest daily price | $20.65 Jun 19, 1987 | $19.15 Jun 29, 1987 |
| Lowest daily price | $19.55 Jun 1, 1987 | $18.65 Jun 1, 1987 |
| Published daily observations | 22 | 21 |
| Average in October 2026 dollars (CPI-U) | $59.68 | $56.08 |
Monthly averages are EIA's published figures. Real figures use CPI-U for June 1987.
June in other years
| Year | WTI average | vs June 1987 | Real |
|---|---|---|---|
| 2026 | $84.81 | +322.6% | $85.71 |
| 2025 | $68.17 | +239.7% | $71.33 |
| 2024 | $79.77 | +297.5% | $85.70 |
| 2023 | $70.25 | +250.0% | $77.71 |
| 2022 | $114.84 | +472.2% | $130.81 |
| 2021 | $71.38 | +255.7% | $88.67 |
| 2020 | $38.31 | +90.9% | $50.16 |
| 2019 | $54.66 | +172.3% | $72.02 |
| 2018 | $67.87 | +238.2% | $90.90 |
| 2017 | $45.18 | +125.1% | $62.25 |
| 2016 | $48.76 | +142.9% | $68.28 |
| 2015 | $59.82 | +198.1% | $84.60 |
| 2014 | $105.79 | +427.1% | $149.81 |
| 2013 | $95.77 | +377.2% | $138.43 |
| 2012 | $82.30 | +310.1% | $121.04 |
| 2011 | $96.26 | +379.6% | $143.93 |
| 2010 | $75.34 | +275.4% | $116.66 |
| 2009 | $69.64 | +247.0% | $108.97 |
| 2008 | $133.88 | +567.1% | $206.50 |
| 2007 | $67.49 | +236.3% | $109.33 |
| 2006 | $70.95 | +253.5% | $118.02 |
| 2005 | $56.35 | +180.8% | $97.78 |
| 2004 | $38.03 | +89.5% | $67.66 |
| 2003 | $30.66 | +52.8% | $56.33 |
| 2002 | $25.52 | +27.2% | $47.88 |
| 2001 | $27.60 | +37.5% | $52.33 |
| 2000 | $31.82 | +58.5% | $62.29 |
| 1999 | $17.92 | −10.7% | $36.39 |
| 1998 | $13.72 | −31.6% | $28.41 |
| 1997 | $19.26 | −4.0% | $40.55 |
| 1996 | $20.42 | +1.7% | $43.98 |
| 1995 | $18.45 | −8.1% | $40.83 |
| 1994 | $19.06 | −5.0% | $43.47 |
| 1993 | $19.09 | −4.9% | $44.62 |
| 1992 | $22.39 | +11.6% | $53.90 |
| 1991 | $20.19 | +0.6% | $50.11 |
| 1990 | $16.70 | −16.8% | $43.39 |
| 1989 | $20.05 | −0.1% | $54.53 |
| 1988 | $16.53 | −17.6% | $47.28 |
| 1987 | $20.07 | — | $59.68 |
| 1986 | $13.43 | −33.1% | $41.40 |
“—” 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 June 1987.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Jun 1, 1987 – Jun 30, 1987 | Jun 30, 1987 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Jun 1, 1987 – Jun 30, 1987 | Jun 30, 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)