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Oil Prices in April 1990: WTI & Brent Daily Prices and Monthly Average

WTI average
$18.43
EIA monthly average
vs March 1990
−9.6%
$20.39
vs April 1989
−12.5%
$21.07
Brent average
$16.61
avg daily Brent − WTI on matched dates −$1.84

At $18.43 per barrel, April 1990's WTI average was the lowest monthly average in nominal terms since February 1989, down $1.96 (9.6%) from March 1990. A year earlier, in April 1989, it averaged $21.07, so the price was lower by $2.64 (12.5%) year over year.

Daily spot prices, April 1990

Chart data table (20 rows; WTI on 20, Brent on 19)
Daily spot prices, April 1990 ($/bbl)
PeriodWTIBrent
Apr 30, 1990$18.50$16.35
Apr 27, 1990$18.57$16.43
Apr 26, 1990$18.50$16.60
Apr 25, 1990$17.49$16.50
Apr 24, 1990$17.85$16.75
Apr 23, 1990$18.60$16.95
Apr 20, 1990$17.90$16.35
Apr 19, 1990$17.93$16.13
Apr 18, 1990$16.95$15.33
Apr 17, 1990$17.37$15.70
Apr 16, 1990$17.87—
Apr 12, 1990$17.76$15.80
Apr 11, 1990$18.19$15.30
Apr 10, 1990$17.56$15.93
Apr 9, 1990$18.32$16.53
Apr 6, 1990$19.15$17.10
Apr 5, 1990$19.48$17.55
Apr 4, 1990$19.78$17.95
Apr 3, 1990$20.23$18.20
Apr 2, 1990$20.51$18.18

The month's range ran from $16.95 on Apr 18, 1990 to $20.51 on Apr 2, 1990; the last price was $18.50 on Apr 30, 1990. The largest one-day move was +$1.01 on Apr 26, 1990 (+5.8%).

Brent averaged $16.61, on matched dates $1.84 below WTI on average across 19 dates.

Among the 41 April averages EIA has published, 1990's ranks 7th lowest. Within 1990 it ranks 3rd lowest of the 12 monthly averages. WTI moved 5% or more from the previous published price on 2 days. In October 2026 dollars (CPI-U), the average equals $48.26 and the high of $20.51 equals $53.70.

April 1990 summary

MeasureWTIBrent
Monthly average$18.43$16.61
Change vs March 1990−$1.96−$1.78
Change vs April 1989−$2.64−$3.71
Highest daily price$20.51 Apr 2, 1990$18.20 Apr 3, 1990
Lowest daily price$16.95 Apr 18, 1990$15.30 Apr 11, 1990
Published daily observations2019
Average in October 2026 dollars (CPI-U)$48.26$43.49

Monthly averages are EIA's published figures. Real figures use CPI-U for April 1990.

April in other years

WTI monthly average, $/bbl; real in October 2026 dollars
YearWTI averagevs April 1990Real
2026$100.32+444.3%$101.67
2025$63.54+244.8%$66.85
2024$85.35+363.1%$91.87
2023$79.45+331.1%$88.39
2022$101.78+452.3%$118.82
2021$61.72+234.9%$78.00
2020$16.55−10.2%$21.79
2019$63.86+246.5%$84.34
2018$66.25+259.5%$89.25
2017$51.06+177.0%$70.48
2016$40.75+121.1%$57.48
2015$54.45+195.4%$77.67
2014$102.07+453.8%$145.31
2013$92.02+399.3%$133.56
2012$103.32+460.6%$151.56
2011$109.53+494.3%$164.37
2010$84.29+357.4%$130.49
2009$49.65+169.4%$78.58
2008$112.58+510.9%$176.88
2007$63.98+247.2%$104.48
2006$69.44+276.8%$116.31
2005$52.98+187.5%$91.89
2004$36.75+99.4%$65.98
2003$28.17+52.8%$51.73
2002$26.18+42.1%$49.14
2001$27.49+49.2%$52.45
2000$25.72+39.6%$50.68
1999$17.31−6.1%$35.15
1998$15.35−16.7%$31.88
1997$19.70+6.9%$41.50
1996$23.50+27.5%$50.75
1995$19.90+8.0%$44.22
1994$16.42−10.9%$37.60
1993$20.25+9.9%$47.46
1992$20.23+9.8%$48.95
1991$20.83+13.0%$52.00
1990$18.43—$48.26
1989$21.07+14.3%$57.77
1988$17.86−3.1%$51.48
1987$18.68+1.4%$55.94
1986$12.84−30.3%$39.90

“—” 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 April 1990.

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB (daily, monthly)$/bblApr 2, 1990 – Apr 30, 1990Apr 30, 1990
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblApr 2, 1990 – Apr 30, 1990Apr 30, 1990
U.S. Bureau of Labor StatisticsCUUR0000SA0 — CPI-U, all items, NSAindex, 1982–84=100monthlyOctober 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:1990 daily prices (CSV)