Oil Prices in March 1992: WTI & Brent Daily Prices and Monthly Average
WTI averaged $18.92 per barrel in March 1992, little changed from February 1992 ($19.01). A year earlier, in March 1991, it averaged $19.90, so the price was lower by $0.98 (4.9%) year over year.
Daily spot prices, March 1992
Chart data table (22 rows; WTI on 22, Brent on 22)
| Period | WTI | Brent |
|---|---|---|
| Mar 31, 1992 | $19.49 | $19.09 |
| Mar 30, 1992 | $19.25 | $17.98 |
| Mar 27, 1992 | $19.19 | $17.85 |
| Mar 26, 1992 | $19.31 | $17.98 |
| Mar 25, 1992 | $19.00 | $17.70 |
| Mar 24, 1992 | $19.06 | $17.65 |
| Mar 23, 1992 | $18.91 | $17.58 |
| Mar 20, 1992 | $18.78 | $17.75 |
| Mar 19, 1992 | $19.27 | $17.65 |
| Mar 18, 1992 | $19.05 | $17.65 |
| Mar 17, 1992 | $19.27 | $17.88 |
| Mar 16, 1992 | $19.15 | $17.73 |
| Mar 13, 1992 | $19.16 | $17.73 |
| Mar 12, 1992 | $18.86 | $17.35 |
| Mar 11, 1992 | $18.50 | $17.20 |
| Mar 10, 1992 | $18.62 | $17.35 |
| Mar 9, 1992 | $18.65 | $17.35 |
| Mar 6, 1992 | $18.53 | $17.30 |
| Mar 5, 1992 | $18.58 | $17.43 |
| Mar 4, 1992 | $18.62 | $17.28 |
| Mar 3, 1992 | $18.67 | $17.05 |
| Mar 2, 1992 | $18.36 | $17.35 |
Prices rose over the month, from $18.36 on Mar 2, 1992 to $19.49 on Mar 31, 1992.
Brent averaged $17.63, on matched dates $1.29 below WTI on average across 22 dates.
Among the 41 March averages EIA has published, 1992's ranks 8th lowest. Within 1992 it ranks 2nd lowest of the 12 monthly averages. In October 2026 dollars (CPI-U), the average equals $45.84 and the high of $19.49 equals $47.22.
March 1992 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $18.92 | $17.63 |
| Change vs February 1992 | −$0.09 | −$0.42 |
| Change vs March 1991 | −$0.98 | −$1.45 |
| Highest daily price | $19.49 Mar 31, 1992 | $19.09 Mar 31, 1992 |
| Lowest daily price | $18.36 Mar 2, 1992 | $17.05 Mar 3, 1992 |
| Published daily observations | 22 | 22 |
| Average in October 2026 dollars (CPI-U) | $45.84 | $42.72 |
Monthly averages are EIA's published figures. Real figures use CPI-U for March 1992.
March in other years
| Year | WTI average | vs March 1992 | Real |
|---|---|---|---|
| 2026 | $91.38 | +383.0% | $93.40 |
| 2025 | $68.24 | +260.7% | $72.02 |
| 2024 | $81.28 | +329.6% | $87.83 |
| 2023 | $73.28 | +287.3% | $81.94 |
| 2022 | $108.50 | +473.5% | $127.37 |
| 2021 | $62.33 | +229.4% | $79.42 |
| 2020 | $29.21 | +54.4% | $38.19 |
| 2019 | $58.15 | +207.3% | $77.21 |
| 2018 | $62.73 | +231.6% | $84.84 |
| 2017 | $49.33 | +160.7% | $68.29 |
| 2016 | $37.55 | +98.5% | $53.22 |
| 2015 | $47.82 | +152.7% | $68.35 |
| 2014 | $100.80 | +432.8% | $143.98 |
| 2013 | $92.94 | +391.2% | $134.76 |
| 2012 | $106.16 | +461.1% | $156.20 |
| 2011 | $102.86 | +443.7% | $155.35 |
| 2010 | $81.20 | +329.2% | $125.93 |
| 2009 | $47.94 | +153.4% | $76.07 |
| 2008 | $105.45 | +457.3% | $166.68 |
| 2007 | $60.44 | +219.5% | $99.34 |
| 2006 | $62.69 | +231.3% | $105.90 |
| 2005 | $54.19 | +186.4% | $94.62 |
| 2004 | $36.74 | +94.2% | $66.17 |
| 2003 | $33.51 | +77.1% | $61.40 |
| 2002 | $24.53 | +29.7% | $46.30 |
| 2001 | $27.25 | +44.0% | $52.20 |
| 2000 | $29.84 | +57.7% | $58.83 |
| 1999 | $14.68 | −22.4% | $30.03 |
| 1998 | $15.12 | −20.1% | $31.46 |
| 1997 | $20.97 | +10.8% | $44.24 |
| 1996 | $21.33 | +12.7% | $46.24 |
| 1995 | $18.54 | −2.0% | $41.33 |
| 1994 | $14.68 | −22.4% | $33.66 |
| 1993 | $20.32 | +7.4% | $47.76 |
| 1992 | $18.92 | — | $45.84 |
| 1991 | $19.90 | +5.2% | $49.75 |
| 1990 | $20.39 | +7.8% | $53.47 |
| 1989 | $19.48 | +3.0% | $53.76 |
| 1988 | $16.20 | −14.4% | $46.93 |
| 1987 | $18.30 | −3.3% | $55.10 |
| 1986 | $12.61 | −33.4% | $39.12 |
“—” 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 March 1992.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Mar 2, 1992 – Mar 31, 1992 | Mar 31, 1992 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Mar 2, 1992 – Mar 31, 1992 | Mar 31, 1992 |
| 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:1992 daily prices (CSV)