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Oil Prices in September 1991: WTI & Brent Daily Prices and Monthly Average

WTI average
$21.89
EIA monthly average
vs August 1991
+0.9%
$21.69
vs September 1990
−34.7%
$33.51
Brent average
$20.50
avg daily Brent − WTI on matched dates −$1.39

WTI averaged $21.89 per barrel in September 1991, little changed from August 1991 ($21.69). The average was 35% below the $33.51 of September 1990.

Daily spot prices, September 1991

Chart data table (21 rows; WTI on 20, Brent on 21)
Daily spot prices, September 1991 ($/bbl)
PeriodWTIBrent
Sep 30, 1991$22.25$21.43
Sep 27, 1991$22.42$21.48
Sep 26, 1991$22.23$21.00
Sep 25, 1991$22.11$20.65
Sep 24, 1991$22.24$20.75
Sep 23, 1991$22.20$20.83
Sep 20, 1991$22.02$20.55
Sep 19, 1991$21.79$20.43
Sep 18, 1991$21.87$20.53
Sep 17, 1991$21.73$20.30
Sep 16, 1991$21.84$20.53
Sep 13, 1991$21.71$20.35
Sep 12, 1991$21.51$20.25
Sep 11, 1991$21.66$20.00
Sep 10, 1991$21.44$19.93
Sep 9, 1991$21.36$19.85
Sep 6, 1991$21.56$20.13
Sep 5, 1991$21.75$20.10
Sep 4, 1991$21.76$20.25
Sep 3, 1991$22.28$20.55
Sep 2, 1991—$20.65

Daily prices stayed within $1.06, from $21.36 (Sep 9, 1991) to $22.42 (Sep 27, 1991).

Brent averaged $20.50, on matched dates $1.39 below WTI on average across 20 dates.

Among the 41 September averages EIA has published, 1991's ranks 11th lowest. Within 1991 it ranks 4th highest of the 12 monthly averages. In October 2026 dollars (CPI-U), the average equals $53.85 and the high of $22.42 equals $55.15.

September 1991 summary

MeasureWTIBrent
Monthly average$21.89$20.50
Change vs August 1991+$0.20+$0.73
Change vs September 1990−$11.62−$14.40
Highest daily price$22.42 Sep 27, 1991$21.48 Sep 27, 1991
Lowest daily price$21.36 Sep 9, 1991$19.85 Sep 9, 1991
Published daily observations2021
Average in October 2026 dollars (CPI-U)$53.85$50.43

Monthly averages are EIA's published figures. Real figures use CPI-U for September 1991.

September in other years

WTI monthly average, $/bbl; real in October 2026 dollars
YearWTI averagevs September 1991Real
2026$97.31+344.5%$97.47
2025$63.96+192.2%$66.46
2024$70.24+220.9%$75.19
2023$89.43+308.5%$98.07
2022$84.26+284.9%$95.82
2021$71.65+227.3%$88.16
2020$39.63+81.0%$51.39
2019$56.95+160.2%$74.86
2018$70.23+220.8%$93.90
2017$49.82+127.6%$68.13
2016$45.18+106.4%$63.16
2015$45.48+107.8%$64.51
2014$93.21+325.8%$132.17
2013$106.29+385.6%$153.21
2012$94.51+331.7%$137.84
2011$85.52+290.7%$127.22
2010$75.24+243.7%$116.25
2009$69.41+217.1%$108.47
2008$104.11+375.6%$160.61
2007$79.92+265.1%$129.38
2006$63.80+191.5%$106.13
2005$65.59+199.6%$111.35
2004$45.94+109.9%$81.65
2003$28.31+29.3%$51.59
2002$29.66+35.5%$55.31
2001$26.20+19.7%$49.59
2000$33.88+54.8%$65.83
1999$23.80+8.7%$47.84
1998$15.03−31.3%$31.01
1997$19.80−9.5%$41.46
1996$23.97+9.5%$51.27
1995$18.23−16.7%$40.16
1994$17.45−20.3%$39.42
1993$17.50−20.1%$40.71
1992$21.880.0%$52.26
1991$21.89—$53.85
1990$33.51+53.1%$85.23
1989$19.59−10.5%$52.89
1988$14.54−33.6%$40.96
1987$19.53−10.8%$57.32
1986$14.87−32.1%$45.54

“—” 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 September 1991.

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB (daily, monthly)$/bblSep 3, 1991 – Sep 30, 1991Sep 30, 1991
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblSep 2, 1991 – Sep 30, 1991Sep 30, 1991
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:1991 daily prices (CSV)