Oil Prices in November 1992: WTI & Brent Daily Prices and Monthly Average
WTI averaged $20.34 per barrel in November 1992, down $1.35 (6.2%) from October 1992. A year earlier, in November 1991, it averaged $22.46, so the price was lower by $2.12 (9.4%) year over year.
Daily spot prices, November 1992
Chart data table (21 rows; WTI on 20, Brent on 21)
| Period | WTI | Brent |
|---|---|---|
| Nov 30, 1992 | $19.91 | $19.25 |
| Nov 27, 1992 | $20.29 | $19.08 |
| Nov 26, 1992 | — | $18.93 |
| Nov 25, 1992 | $20.29 | $19.28 |
| Nov 24, 1992 | $20.06 | $19.18 |
| Nov 23, 1992 | $20.01 | $19.15 |
| Nov 20, 1992 | $20.37 | $19.48 |
| Nov 19, 1992 | $20.50 | $19.48 |
| Nov 18, 1992 | $20.21 | $19.10 |
| Nov 17, 1992 | $20.32 | $19.15 |
| Nov 16, 1992 | $20.37 | $19.20 |
| Nov 13, 1992 | $20.04 | $19.05 |
| Nov 12, 1992 | $20.19 | $19.18 |
| Nov 11, 1992 | $20.46 | $19.40 |
| Nov 10, 1992 | $20.54 | $19.53 |
| Nov 9, 1992 | $20.63 | $19.10 |
| Nov 6, 1992 | $20.26 | $19.13 |
| Nov 5, 1992 | $20.62 | $19.20 |
| Nov 4, 1992 | $20.33 | $19.03 |
| Nov 3, 1992 | $20.60 | $19.35 |
| Nov 2, 1992 | $20.77 | $19.25 |
Daily prices stayed within $0.86, from $19.91 (Nov 30, 1992) to $20.77 (Nov 2, 1992).
Brent averaged $19.21, on matched dates $1.11 below WTI on average across 20 dates.
Among the 40 November averages EIA has published, 1992's ranks 11th lowest. Within 1992 it ranks 6th lowest of the 12 monthly averages. In October 2026 dollars (CPI-U), the average equals $48.34 and the high of $20.77 equals $49.37.
November 1992 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $20.34 | $19.21 |
| Change vs October 1992 | −$1.35 | −$1.05 |
| Change vs November 1991 | −$2.12 | −$1.90 |
| Highest daily price | $20.77 Nov 2, 1992 | $19.53 Nov 10, 1992 |
| Lowest daily price | $19.91 Nov 30, 1992 | $18.93 Nov 26, 1992 |
| Published daily observations | 20 | 21 |
| Average in October 2026 dollars (CPI-U) | $48.34 | $45.66 |
Monthly averages are EIA's published figures. Real figures use CPI-U for November 1992.
November in other years
| Year | WTI average | vs November 1992 | Real |
|---|---|---|---|
| 2026 (to date) | $99.85 | +390.9% | — |
| 2025 | $60.06 | +195.3% | $62.54 |
| 2024 | $69.95 | +243.9% | $74.83 |
| 2023 | $77.69 | +282.0% | $85.40 |
| 2022 | $84.37 | +314.8% | $95.65 |
| 2021 | $79.15 | +289.1% | $96.11 |
| 2020 | $40.94 | +101.3% | $53.10 |
| 2019 | $57.03 | +180.4% | $74.84 |
| 2018 | $56.96 | +180.0% | $76.28 |
| 2017 | $56.64 | +178.5% | $77.50 |
| 2016 | $45.66 | +124.5% | $63.85 |
| 2015 | $42.44 | +108.7% | $60.35 |
| 2014 | $75.79 | +272.6% | $108.32 |
| 2013 | $93.86 | +361.5% | $135.92 |
| 2012 | $86.53 | +325.4% | $126.86 |
| 2011 | $97.16 | +377.7% | $144.95 |
| 2010 | $84.25 | +314.2% | $129.96 |
| 2009 | $77.99 | +283.4% | $121.68 |
| 2008 | $57.31 | +181.8% | $91.06 |
| 2007 | $94.77 | +365.9% | $152.19 |
| 2006 | $59.08 | +190.5% | $98.96 |
| 2005 | $58.32 | +186.7% | $99.61 |
| 2004 | $48.47 | +138.3% | $85.65 |
| 2003 | $31.11 | +52.9% | $56.91 |
| 2002 | $26.35 | +29.5% | $49.05 |
| 2001 | $19.64 | −3.4% | $37.37 |
| 2000 | $34.42 | +69.2% | $66.73 |
| 1999 | $25.00 | +22.9% | $50.14 |
| 1998 | $13.00 | −36.1% | $26.75 |
| 1997 | $20.19 | −0.7% | $42.19 |
| 1996 | $23.71 | +16.6% | $50.46 |
| 1995 | $17.99 | −11.6% | $39.53 |
| 1994 | $18.07 | −11.2% | $40.74 |
| 1993 | $16.61 | −18.3% | $38.45 |
| 1992 | $20.34 | — | $48.34 |
| 1991 | $22.46 | +10.4% | $55.01 |
| 1990 | $32.33 | +58.9% | $81.55 |
| 1989 | $19.86 | −2.4% | $53.24 |
| 1988 | $14.14 | −30.5% | $39.67 |
| 1987 | $18.85 | −7.3% | $55.13 |
| 1986 | $15.22 | −25.2% | $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 1992.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Nov 2, 1992 – Nov 30, 1992 | Nov 30, 1992 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Nov 2, 1992 – Nov 30, 1992 | Nov 30, 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)