Oil Prices in June 1990: WTI & Brent Daily Prices and Monthly Average
At $16.70 per barrel, June 1990's WTI average was the lowest monthly average in nominal terms since December 1988, down $1.50 (8.2%) from May 1990. A year earlier, in June 1989, it averaged $20.05, so the price was lower by $3.35 (16.7%) year over year.
Daily spot prices, June 1990
Chart data table (21 rows; WTI on 21, Brent on 21)
| Period | WTI | Brent |
|---|---|---|
| Jun 29, 1990 | $17.05 | $15.73 |
| Jun 28, 1990 | $17.18 | $15.40 |
| Jun 27, 1990 | $16.70 | $15.33 |
| Jun 26, 1990 | $17.12 | $15.58 |
| Jun 25, 1990 | $16.15 | $15.58 |
| Jun 22, 1990 | $16.50 | $15.40 |
| Jun 21, 1990 | $16.09 | $14.75 |
| Jun 20, 1990 | $15.43 | $14.75 |
| Jun 19, 1990 | $15.55 | $14.75 |
| Jun 18, 1990 | $15.92 | $14.83 |
| Jun 15, 1990 | $16.64 | $15.15 |
| Jun 14, 1990 | $17.11 | $15.30 |
| Jun 13, 1990 | $17.60 | $14.90 |
| Jun 12, 1990 | $17.39 | $14.95 |
| Jun 11, 1990 | $16.82 | $14.73 |
| Jun 8, 1990 | $16.78 | $14.68 |
| Jun 7, 1990 | $16.65 | $15.03 |
| Jun 6, 1990 | $16.91 | $14.80 |
| Jun 5, 1990 | $16.41 | $14.78 |
| Jun 4, 1990 | $17.09 | $15.35 |
| Jun 1, 1990 | $17.51 | $15.43 |
Prices peaked at $17.60 on Jun 13, 1990, then fell to $15.43 on Jun 20, 1990 and ended at $17.05. The largest one-day move was +$0.97 on Jun 26, 1990 (+6.0%).
Brent averaged $15.10, on matched dates $1.59 below WTI on average across 21 dates.
Among the 41 June averages EIA has published, 1990's ranks 4th lowest. Within 1990 it ranks the lowest of the 12 monthly averages. WTI moved 5% or more from the previous published price on 1 day. In October 2026 dollars (CPI-U), the average equals $43.39 and the high of $17.60 equals $45.73.
June 1990 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $16.70 | $15.10 |
| Change vs May 1990 | −$1.50 | −$1.25 |
| Change vs June 1989 | −$3.35 | −$2.57 |
| Highest daily price | $17.60 Jun 13, 1990 | $15.73 Jun 29, 1990 |
| Lowest daily price | $15.43 Jun 20, 1990 | $14.68 Jun 8, 1990 |
| Published daily observations | 21 | 21 |
| Average in October 2026 dollars (CPI-U) | $43.39 | $39.23 |
Monthly averages are EIA's published figures. Real figures use CPI-U for June 1990.
June in other years
| Year | WTI average | vs June 1990 | Real |
|---|---|---|---|
| 2026 | $84.81 | +407.8% | $85.71 |
| 2025 | $68.17 | +308.2% | $71.33 |
| 2024 | $79.77 | +377.7% | $85.70 |
| 2023 | $70.25 | +320.7% | $77.71 |
| 2022 | $114.84 | +587.7% | $130.81 |
| 2021 | $71.38 | +327.4% | $88.67 |
| 2020 | $38.31 | +129.4% | $50.16 |
| 2019 | $54.66 | +227.3% | $72.02 |
| 2018 | $67.87 | +306.4% | $90.90 |
| 2017 | $45.18 | +170.5% | $62.25 |
| 2016 | $48.76 | +192.0% | $68.28 |
| 2015 | $59.82 | +258.2% | $84.60 |
| 2014 | $105.79 | +533.5% | $149.81 |
| 2013 | $95.77 | +473.5% | $138.43 |
| 2012 | $82.30 | +392.8% | $121.04 |
| 2011 | $96.26 | +476.4% | $143.93 |
| 2010 | $75.34 | +351.1% | $116.66 |
| 2009 | $69.64 | +317.0% | $108.97 |
| 2008 | $133.88 | +701.7% | $206.50 |
| 2007 | $67.49 | +304.1% | $109.33 |
| 2006 | $70.95 | +324.9% | $118.02 |
| 2005 | $56.35 | +237.4% | $97.78 |
| 2004 | $38.03 | +127.7% | $67.66 |
| 2003 | $30.66 | +83.6% | $56.33 |
| 2002 | $25.52 | +52.8% | $47.88 |
| 2001 | $27.60 | +65.3% | $52.33 |
| 2000 | $31.82 | +90.5% | $62.29 |
| 1999 | $17.92 | +7.3% | $36.39 |
| 1998 | $13.72 | −17.8% | $28.41 |
| 1997 | $19.26 | +15.3% | $40.55 |
| 1996 | $20.42 | +22.3% | $43.98 |
| 1995 | $18.45 | +10.5% | $40.83 |
| 1994 | $19.06 | +14.1% | $43.47 |
| 1993 | $19.09 | +14.3% | $44.62 |
| 1992 | $22.39 | +34.1% | $53.90 |
| 1991 | $20.19 | +20.9% | $50.11 |
| 1990 | $16.70 | — | $43.39 |
| 1989 | $20.05 | +20.1% | $54.53 |
| 1988 | $16.53 | −1.0% | $47.28 |
| 1987 | $20.07 | +20.2% | $59.68 |
| 1986 | $13.43 | −19.6% | $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 1990.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Jun 1, 1990 – Jun 29, 1990 | Jun 29, 1990 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Jun 1, 1990 – Jun 29, 1990 | Jun 29, 1990 |
| 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:1990 daily prices (CSV)