Oil Prices in November 1990: WTI & Brent Daily Prices and Monthly Average
WTI's monthly average fell to $32.33 in November 1990, down $3.71 (10.3%) from October 1990. The average was 63% above the $19.86 of November 1989.
Daily spot prices, November 1990
Chart data table (22 rows; WTI on 22, Brent on 22)
| Period | WTI | Brent |
|---|---|---|
| Nov 30, 1990 | $29.08 | $31.20 |
| Nov 29, 1990 | $32.93 | $34.65 |
| Nov 28, 1990 | $33.28 | $34.10 |
| Nov 27, 1990 | $33.05 | $34.83 |
| Nov 26, 1990 | $33.28 | $35.10 |
| Nov 23, 1990 | $32.35 | $32.05 |
| Nov 22, 1990 | $30.08 | $31.40 |
| Nov 21, 1990 | $30.08 | $30.65 |
| Nov 20, 1990 | $29.50 | $30.10 |
| Nov 19, 1990 | $31.45 | $30.85 |
| Nov 16, 1990 | $29.91 | $30.55 |
| Nov 15, 1990 | $31.05 | $32.20 |
| Nov 14, 1990 | $31.18 | $31.95 |
| Nov 13, 1990 | $33.30 | $33.65 |
| Nov 12, 1990 | $32.08 | $32.85 |
| Nov 9, 1990 | $33.91 | $34.25 |
| Nov 8, 1990 | $35.61 | $34.85 |
| Nov 7, 1990 | $35.48 | $34.55 |
| Nov 6, 1990 | $32.41 | $33.20 |
| Nov 5, 1990 | $32.05 | $33.80 |
| Nov 2, 1990 | $33.95 | $35.05 |
| Nov 1, 1990 | $35.30 | $35.65 |
Prices fell over the month, from $35.30 on Nov 1, 1990 to $29.08 on Nov 30, 1990. The largest one-day move was −$3.85 on Nov 30, 1990 (−11.7%).
Brent averaged $33.07, within a dollar of WTI on average across the 22 dates when both were published.
Among the 40 November averages EIA has published, 1990's ranks 17th lowest. Within 1990 it ranks 3rd highest of the 12 monthly averages. The high was $35.61 on Nov 8, 1990 and the low $29.08 on Nov 30, 1990. WTI moved 5% or more from the previous published price on 8 days. In October 2026 dollars (CPI-U), the average equals $81.55 and the high of $35.61 equals $89.83.
November 1990 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $32.33 | $33.07 |
| Change vs October 1990 | −$3.71 | −$2.95 |
| Change vs November 1989 | +$12.47 | +$14.34 |
| Highest daily price | $35.61 Nov 8, 1990 | $35.65 Nov 1, 1990 |
| Lowest daily price | $29.08 Nov 30, 1990 | $30.10 Nov 20, 1990 |
| Published daily observations | 22 | 22 |
| Average in October 2026 dollars (CPI-U) | $81.55 | $83.42 |
Monthly averages are EIA's published figures. Real figures use CPI-U for November 1990.
November in other years
| Year | WTI average | vs November 1990 | Real |
|---|---|---|---|
| 2026 (to date) | $99.85 | +208.8% | — |
| 2025 | $60.06 | +85.8% | $62.54 |
| 2024 | $69.95 | +116.4% | $74.83 |
| 2023 | $77.69 | +140.3% | $85.40 |
| 2022 | $84.37 | +161.0% | $95.65 |
| 2021 | $79.15 | +144.8% | $96.11 |
| 2020 | $40.94 | +26.6% | $53.10 |
| 2019 | $57.03 | +76.4% | $74.84 |
| 2018 | $56.96 | +76.2% | $76.28 |
| 2017 | $56.64 | +75.2% | $77.50 |
| 2016 | $45.66 | +41.2% | $63.85 |
| 2015 | $42.44 | +31.3% | $60.35 |
| 2014 | $75.79 | +134.4% | $108.32 |
| 2013 | $93.86 | +190.3% | $135.92 |
| 2012 | $86.53 | +167.6% | $126.86 |
| 2011 | $97.16 | +200.5% | $144.95 |
| 2010 | $84.25 | +160.6% | $129.96 |
| 2009 | $77.99 | +141.2% | $121.68 |
| 2008 | $57.31 | +77.3% | $91.06 |
| 2007 | $94.77 | +193.1% | $152.19 |
| 2006 | $59.08 | +82.7% | $98.96 |
| 2005 | $58.32 | +80.4% | $99.61 |
| 2004 | $48.47 | +49.9% | $85.65 |
| 2003 | $31.11 | −3.8% | $56.91 |
| 2002 | $26.35 | −18.5% | $49.05 |
| 2001 | $19.64 | −39.3% | $37.37 |
| 2000 | $34.42 | +6.5% | $66.73 |
| 1999 | $25.00 | −22.7% | $50.14 |
| 1998 | $13.00 | −59.8% | $26.75 |
| 1997 | $20.19 | −37.6% | $42.19 |
| 1996 | $23.71 | −26.7% | $50.46 |
| 1995 | $17.99 | −44.4% | $39.53 |
| 1994 | $18.07 | −44.1% | $40.74 |
| 1993 | $16.61 | −48.6% | $38.45 |
| 1992 | $20.34 | −37.1% | $48.34 |
| 1991 | $22.46 | −30.5% | $55.01 |
| 1990 | $32.33 | — | $81.55 |
| 1989 | $19.86 | −38.6% | $53.24 |
| 1988 | $14.14 | −56.3% | $39.67 |
| 1987 | $18.85 | −41.7% | $55.13 |
| 1986 | $15.22 | −52.9% | $46.53 |
“—” 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 November 1990.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Nov 1, 1990 – Nov 30, 1990 | Nov 30, 1990 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Nov 1, 1990 – Nov 30, 1990 | Nov 30, 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)