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

WTI average
$19.09
EIA monthly average
vs May 1993
−4.3%
$19.95
vs June 1992
−14.7%
$22.39
Brent average
$17.65
avg daily Brent − WTI on matched dates −$1.44

WTI averaged $19.09 per barrel in June 1993, down $0.86 (4.3%) from May 1993. A year earlier, in June 1992, it averaged $22.39, so the price was lower by $3.30 (14.7%) year over year.

Daily spot prices, June 1993

Chart data table (22 rows; WTI on 22, Brent on 22)
Daily spot prices, June 1993 ($/bbl)
PeriodWTIBrent
Jun 30, 1993$18.82$17.43
Jun 29, 1993$18.99$17.48
Jun 28, 1993$18.89$17.23
Jun 25, 1993$18.83$17.23
Jun 24, 1993$18.36$17.23
Jun 23, 1993$18.44$17.18
Jun 22, 1993$18.35$17.18
Jun 21, 1993$18.63$17.18
Jun 18, 1993$18.71$17.13
Jun 17, 1993$18.70$17.23
Jun 16, 1993$18.87$17.33
Jun 15, 1993$18.60$17.30
Jun 14, 1993$18.90$17.58
Jun 11, 1993$18.99$17.63
Jun 10, 1993$19.27$18.20
Jun 9, 1993$19.66$18.23
Jun 8, 1993$19.65$18.23
Jun 7, 1993$19.60$18.00
Jun 4, 1993$19.79$18.25
Jun 3, 1993$19.77$18.15
Jun 2, 1993$20.05$18.48
Jun 1, 1993$20.20$18.48

Prices fell over the month, from $20.20 on Jun 1, 1993 to $18.82 on Jun 30, 1993.

Brent averaged $17.65, on matched dates $1.44 below WTI on average across 22 dates.

Among the 41 June averages EIA has published, 1993's ranks 8th lowest. Within 1993 it ranks 5th highest of the 12 monthly averages. The high was $20.20 on Jun 1, 1993 and the low $18.35 on Jun 22, 1993. In October 2026 dollars (CPI-U), the average equals $44.62 and the high of $20.20 equals $47.21.

June 1993 summary

MeasureWTIBrent
Monthly average$19.09$17.65
Change vs May 1993−$0.86−$0.86
Change vs June 1992−$3.30−$3.51
Highest daily price$20.20 Jun 1, 1993$18.48 Jun 1, 1993
Lowest daily price$18.35 Jun 22, 1993$17.13 Jun 18, 1993
Published daily observations2222
Average in October 2026 dollars (CPI-U)$44.62$41.25

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

June in other years

WTI monthly average, $/bbl; real in October 2026 dollars
YearWTI averagevs June 1993Real
2026$84.81+344.3%$85.71
2025$68.17+257.1%$71.33
2024$79.77+317.9%$85.70
2023$70.25+268.0%$77.71
2022$114.84+501.6%$130.81
2021$71.38+273.9%$88.67
2020$38.31+100.7%$50.16
2019$54.66+186.3%$72.02
2018$67.87+255.5%$90.90
2017$45.18+136.7%$62.25
2016$48.76+155.4%$68.28
2015$59.82+213.4%$84.60
2014$105.79+454.2%$149.81
2013$95.77+401.7%$138.43
2012$82.30+331.1%$121.04
2011$96.26+404.2%$143.93
2010$75.34+294.7%$116.66
2009$69.64+264.8%$108.97
2008$133.88+601.3%$206.50
2007$67.49+253.5%$109.33
2006$70.95+271.7%$118.02
2005$56.35+195.2%$97.78
2004$38.03+99.2%$67.66
2003$30.66+60.6%$56.33
2002$25.52+33.7%$47.88
2001$27.60+44.6%$52.33
2000$31.82+66.7%$62.29
1999$17.92−6.1%$36.39
1998$13.72−28.1%$28.41
1997$19.26+0.9%$40.55
1996$20.42+7.0%$43.98
1995$18.45−3.4%$40.83
1994$19.06−0.2%$43.47
1993$19.09—$44.62
1992$22.39+17.3%$53.90
1991$20.19+5.8%$50.11
1990$16.70−12.5%$43.39
1989$20.05+5.0%$54.53
1988$16.53−13.4%$47.28
1987$20.07+5.1%$59.68
1986$13.43−29.6%$41.40

“—” 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 June 1993.

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB (daily, monthly)$/bblJun 1, 1993 – Jun 30, 1993Jun 30, 1993
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblJun 1, 1993 – Jun 30, 1993Jun 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)