Oil Prices in November 1991: WTI & Brent Daily Prices and Monthly Average
WTI averaged $22.46 per barrel in November 1991, down $0.77 (3.3%) from October 1991. The average was 31% below the $32.33 of November 1990.
Daily spot prices, November 1991
Chart data table (21 rows; WTI on 21, Brent on 21)
| Period | WTI | Brent |
|---|---|---|
| Nov 29, 1991 | $21.48 | $20.08 |
| Nov 28, 1991 | $21.38 | $19.98 |
| Nov 27, 1991 | $21.38 | $19.65 |
| Nov 26, 1991 | $21.04 | $19.78 |
| Nov 25, 1991 | $22.15 | $19.78 |
| Nov 22, 1991 | $21.85 | $20.15 |
| Nov 21, 1991 | $21.93 | $20.73 |
| Nov 20, 1991 | $22.17 | $20.48 |
| Nov 19, 1991 | $21.88 | $21.08 |
| Nov 18, 1991 | $22.38 | $21.35 |
| Nov 15, 1991 | $22.79 | $21.63 |
| Nov 14, 1991 | $22.55 | $21.00 |
| Nov 13, 1991 | $22.28 | $21.50 |
| Nov 12, 1991 | $22.58 | $21.20 |
| Nov 11, 1991 | $22.66 | $21.45 |
| Nov 8, 1991 | $23.00 | $21.80 |
| Nov 7, 1991 | $23.29 | $21.85 |
| Nov 6, 1991 | $23.44 | $22.00 |
| Nov 5, 1991 | $23.78 | $22.53 |
| Nov 4, 1991 | $23.82 | $22.73 |
| Nov 1, 1991 | $23.85 | $22.53 |
Prices fell over the month, from $23.85 on Nov 1, 1991 to $21.48 on Nov 29, 1991, with declines on 13 of 20 trading days. The largest one-day move was −$1.11 on Nov 26, 1991 (−5.0%).
Brent averaged $21.11, on matched dates $1.35 below WTI on average across 21 dates.
Among the 40 November averages EIA has published, 1991's ranks 12th lowest. Within 1991 it ranks 3rd highest of the 12 monthly averages. The high was $23.85 on Nov 1, 1991 and the low $21.04 on Nov 26, 1991. WTI moved 5% or more from the previous published price on 1 day. In October 2026 dollars (CPI-U), the average equals $55.01 and the high of $23.85 equals $58.42.
November 1991 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $22.46 | $21.11 |
| Change vs October 1991 | −$0.77 | −$1.10 |
| Change vs November 1990 | −$9.87 | −$11.96 |
| Highest daily price | $23.85 Nov 1, 1991 | $22.73 Nov 4, 1991 |
| Lowest daily price | $21.04 Nov 26, 1991 | $19.65 Nov 27, 1991 |
| Published daily observations | 21 | 21 |
| Average in October 2026 dollars (CPI-U) | $55.01 | $51.70 |
Monthly averages are EIA's published figures. Real figures use CPI-U for November 1991.
November in other years
| Year | WTI average | vs November 1991 | Real |
|---|---|---|---|
| 2026 (to date) | $99.85 | +344.6% | — |
| 2025 | $60.06 | +167.4% | $62.54 |
| 2024 | $69.95 | +211.4% | $74.83 |
| 2023 | $77.69 | +245.9% | $85.40 |
| 2022 | $84.37 | +275.6% | $95.65 |
| 2021 | $79.15 | +252.4% | $96.11 |
| 2020 | $40.94 | +82.3% | $53.10 |
| 2019 | $57.03 | +153.9% | $74.84 |
| 2018 | $56.96 | +153.6% | $76.28 |
| 2017 | $56.64 | +152.2% | $77.50 |
| 2016 | $45.66 | +103.3% | $63.85 |
| 2015 | $42.44 | +89.0% | $60.35 |
| 2014 | $75.79 | +237.4% | $108.32 |
| 2013 | $93.86 | +317.9% | $135.92 |
| 2012 | $86.53 | +285.3% | $126.86 |
| 2011 | $97.16 | +332.6% | $144.95 |
| 2010 | $84.25 | +275.1% | $129.96 |
| 2009 | $77.99 | +247.2% | $121.68 |
| 2008 | $57.31 | +155.2% | $91.06 |
| 2007 | $94.77 | +322.0% | $152.19 |
| 2006 | $59.08 | +163.0% | $98.96 |
| 2005 | $58.32 | +159.7% | $99.61 |
| 2004 | $48.47 | +115.8% | $85.65 |
| 2003 | $31.11 | +38.5% | $56.91 |
| 2002 | $26.35 | +17.3% | $49.05 |
| 2001 | $19.64 | −12.6% | $37.37 |
| 2000 | $34.42 | +53.3% | $66.73 |
| 1999 | $25.00 | +11.3% | $50.14 |
| 1998 | $13.00 | −42.1% | $26.75 |
| 1997 | $20.19 | −10.1% | $42.19 |
| 1996 | $23.71 | +5.6% | $50.46 |
| 1995 | $17.99 | −19.9% | $39.53 |
| 1994 | $18.07 | −19.5% | $40.74 |
| 1993 | $16.61 | −26.0% | $38.45 |
| 1992 | $20.34 | −9.4% | $48.34 |
| 1991 | $22.46 | — | $55.01 |
| 1990 | $32.33 | +43.9% | $81.55 |
| 1989 | $19.86 | −11.6% | $53.24 |
| 1988 | $14.14 | −37.0% | $39.67 |
| 1987 | $18.85 | −16.1% | $55.13 |
| 1986 | $15.22 | −32.2% | $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 1991.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Nov 1, 1991 – Nov 29, 1991 | Nov 29, 1991 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Nov 1, 1991 – Nov 29, 1991 | Nov 29, 1991 |
| 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:1991 daily prices (CSV)