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Oil Prices in April 1993: WTI & Brent Daily Prices and Monthly Average

WTI average
$20.25
EIA monthly average
vs March 1993
−0.3%
$20.32
vs April 1992
+0.1%
$20.23
Brent average
$18.67
avg daily Brent − WTI on matched dates −$1.56

WTI averaged $20.25 per barrel in April 1993, little changed from March 1993 ($20.32). It was within 3% of its level a year earlier ($20.23 in April 1992).

Daily spot prices, April 1993

Chart data table (21 rows; WTI on 20, Brent on 20)
Daily spot prices, April 1993 ($/bbl)
PeriodWTIBrent
Apr 30, 1993$20.54$18.85
Apr 29, 1993$20.63$18.80
Apr 28, 1993—$18.48
Apr 27, 1993$20.21$18.58
Apr 26, 1993$19.83$18.63
Apr 23, 1993$19.93$18.63
Apr 22, 1993$19.79$18.48
Apr 21, 1993$19.99$18.68
Apr 20, 1993$20.05$18.53
Apr 19, 1993$19.99$18.48
Apr 16, 1993$20.09$18.50
Apr 15, 1993$20.21$18.63
Apr 14, 1993$20.38$18.73
Apr 13, 1993$20.28$18.80
Apr 12, 1993$20.43—
Apr 8, 1993$20.22$18.53
Apr 7, 1993$20.35$18.70
Apr 6, 1993$20.33$18.65
Apr 5, 1993$20.59$18.95
Apr 2, 1993$20.67$18.88
Apr 1, 1993$20.54$18.98

Daily prices stayed within $0.88, from $19.79 (Apr 22, 1993) to $20.67 (Apr 2, 1993).

Brent averaged $18.67, on matched dates $1.56 below WTI on average across 19 dates.

Among the 41 April averages EIA has published, 1993's ranks 12th lowest. Within 1993 it ranks 2nd highest of the 12 monthly averages. In October 2026 dollars (CPI-U), the average equals $47.46 and the high of $20.67 equals $48.45.

April 1993 summary

MeasureWTIBrent
Monthly average$20.25$18.67
Change vs March 1993−$0.07−$0.12
Change vs April 1992+$0.02−$0.25
Highest daily price$20.67 Apr 2, 1993$18.98 Apr 1, 1993
Lowest daily price$19.79 Apr 22, 1993$18.48 Apr 19, 1993
Published daily observations2020
Average in October 2026 dollars (CPI-U)$47.46$43.76

Monthly averages are EIA's published figures. Real figures use CPI-U for April 1993.

April in other years

WTI monthly average, $/bbl; real in October 2026 dollars
YearWTI averagevs April 1993Real
2026$100.32+395.4%$101.67
2025$63.54+213.8%$66.85
2024$85.35+321.5%$91.87
2023$79.45+292.3%$88.39
2022$101.78+402.6%$118.82
2021$61.72+204.8%$78.00
2020$16.55−18.3%$21.79
2019$63.86+215.4%$84.34
2018$66.25+227.2%$89.25
2017$51.06+152.1%$70.48
2016$40.75+101.2%$57.48
2015$54.45+168.9%$77.67
2014$102.07+404.0%$145.31
2013$92.02+354.4%$133.56
2012$103.32+410.2%$151.56
2011$109.53+440.9%$164.37
2010$84.29+316.2%$130.49
2009$49.65+145.2%$78.58
2008$112.58+456.0%$176.88
2007$63.98+216.0%$104.48
2006$69.44+242.9%$116.31
2005$52.98+161.6%$91.89
2004$36.75+81.5%$65.98
2003$28.17+39.1%$51.73
2002$26.18+29.3%$49.14
2001$27.49+35.8%$52.45
2000$25.72+27.0%$50.68
1999$17.31−14.5%$35.15
1998$15.35−24.2%$31.88
1997$19.70−2.7%$41.50
1996$23.50+16.0%$50.75
1995$19.90−1.7%$44.22
1994$16.42−18.9%$37.60
1993$20.25—$47.46
1992$20.23−0.1%$48.95
1991$20.83+2.9%$52.00
1990$18.43−9.0%$48.26
1989$21.07+4.0%$57.77
1988$17.86−11.8%$51.48
1987$18.68−7.8%$55.94
1986$12.84−36.6%$39.90

“—” 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 April 1993.

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB (daily, monthly)$/bblApr 1, 1993 – Apr 30, 1993Apr 30, 1993
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblApr 1, 1993 – Apr 30, 1993Apr 30, 1993
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:1993 daily prices (CSV)