Oil Prices in February 1993: WTI & Brent Daily Prices and Monthly Average
WTI averaged $20.09 per barrel in February 1993, up $1.06 (5.6%) from January 1993. A year earlier, in February 1992, it averaged $19.01, so the price was higher by $1.08 (5.7%) year over year.
Daily spot prices, February 1993
Chart data table (19 rows; WTI on 18, Brent on 19)
| Period | WTI | Brent |
|---|---|---|
| Feb 26, 1993 | $20.53 | $18.83 |
| Feb 25, 1993 | $20.63 | $18.83 |
| Feb 24, 1993 | $20.28 | $18.88 |
| Feb 23, 1993 | $20.49 | $18.88 |
| Feb 22, 1993 | $20.08 | $18.63 |
| Feb 19, 1993 | $19.69 | $18.30 |
| Feb 18, 1993 | $19.44 | $17.83 |
| Feb 17, 1993 | $19.30 | $17.93 |
| Feb 16, 1993 | $19.59 | $18.20 |
| Feb 15, 1993 | — | $17.98 |
| Feb 12, 1993 | $19.96 | $18.48 |
| Feb 11, 1993 | $20.29 | $18.43 |
| Feb 10, 1993 | $20.20 | $18.48 |
| Feb 9, 1993 | $20.12 | $18.33 |
| Feb 8, 1993 | $20.07 | $18.55 |
| Feb 5, 1993 | $20.27 | $18.70 |
| Feb 4, 1993 | $20.29 | $18.65 |
| Feb 2, 1993 | $20.00 | $18.40 |
| Feb 1, 1993 | $20.32 | $18.55 |
Prices dipped to $19.30 on Feb 17, 1993, then climbed to $20.63 on Feb 25, 1993 and ended at $20.53.
Brent averaged $18.47, on matched dates $1.59 below WTI on average across 18 dates.
Among the 41 February averages EIA has published, 1993's ranks 11th lowest. Within 1993 it ranks 3rd highest of the 12 monthly averages. In October 2026 dollars (CPI-U), the average equals $47.38 and the high of $20.63 equals $48.66.
February 1993 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $20.09 | $18.47 |
| Change vs January 1993 | +$1.06 | +$1.08 |
| Change vs February 1992 | +$1.08 | +$0.42 |
| Highest daily price | $20.63 Feb 25, 1993 | $18.88 Feb 23, 1993 |
| Lowest daily price | $19.30 Feb 17, 1993 | $17.83 Feb 18, 1993 |
| Published daily observations | 18 | 19 |
| Average in October 2026 dollars (CPI-U) | $47.38 | $43.56 |
Monthly averages are EIA's published figures. Real figures use CPI-U for February 1993.
February in other years
| Year | WTI average | vs February 1993 | Real |
|---|---|---|---|
| 2026 | $64.51 | +221.1% | $66.63 |
| 2025 | $71.53 | +256.0% | $75.66 |
| 2024 | $77.25 | +284.5% | $84.02 |
| 2023 | $76.83 | +282.4% | $86.20 |
| 2022 | $91.64 | +356.1% | $109.02 |
| 2021 | $59.04 | +193.9% | $75.76 |
| 2020 | $50.54 | +151.6% | $65.94 |
| 2019 | $54.95 | +173.5% | $73.37 |
| 2018 | $62.23 | +209.8% | $84.35 |
| 2017 | $53.47 | +166.2% | $74.08 |
| 2016 | $30.32 | +50.9% | $43.16 |
| 2015 | $50.58 | +151.8% | $72.73 |
| 2014 | $100.82 | +401.8% | $144.93 |
| 2013 | $95.31 | +374.4% | $138.56 |
| 2012 | $102.20 | +408.7% | $151.51 |
| 2011 | $88.58 | +340.9% | $135.09 |
| 2010 | $76.39 | +280.2% | $118.96 |
| 2009 | $39.09 | +94.6% | $62.18 |
| 2008 | $95.39 | +374.8% | $152.08 |
| 2007 | $59.28 | +195.1% | $98.32 |
| 2006 | $61.63 | +206.8% | $104.68 |
| 2005 | $48.15 | +139.7% | $84.73 |
| 2004 | $34.69 | +72.7% | $62.88 |
| 2003 | $35.83 | +78.3% | $66.05 |
| 2002 | $20.72 | +3.1% | $39.33 |
| 2001 | $29.61 | +47.4% | $56.85 |
| 2000 | $29.37 | +46.2% | $58.38 |
| 1999 | $12.01 | −40.2% | $24.64 |
| 1998 | $16.06 | −20.1% | $33.48 |
| 1997 | $22.18 | +10.4% | $46.90 |
| 1996 | $19.09 | −5.0% | $41.60 |
| 1995 | $18.57 | −7.6% | $41.53 |
| 1994 | $14.78 | −26.4% | $34.00 |
| 1993 | $20.09 | — | $47.38 |
| 1992 | $19.01 | −5.4% | $46.29 |
| 1991 | $20.48 | +1.9% | $51.28 |
| 1990 | $22.11 | +10.1% | $58.30 |
| 1989 | $17.94 | −10.7% | $49.79 |
| 1988 | $16.80 | −16.4% | $48.88 |
| 1987 | $17.75 | −11.6% | $53.68 |
| 1986 | $15.46 | −23.0% | $47.74 |
“—” 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 February 1993.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Feb 1, 1993 – Feb 26, 1993 | Feb 26, 1993 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Feb 1, 1993 – Feb 26, 1993 | Feb 26, 1993 |
| 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:1993 daily prices (CSV)