Oil Prices in 1995: WTI & Brent History and Monthly Averages
WTI average
$18.43
EIA annual average
WTI vs prior year
+7.2%
1994: $17.20
Brent average
$17.02
EIA annual average
Brent vs prior year
+7.3%
1994: $15.86
WTI averaged $18.43 per barrel in 1995, up $1.23 (7.2%) from 1994; that was the highest annual average since 1993.
Monthly average prices in 1995
| Month | WTI avg | WTI high | WTI low | Brent avg | Brent − WTI (matched dates) | WTI (September 2026 $) | Brent (September 2026 $) |
|---|---|---|---|---|---|---|---|
| January | $18.04 | $18.82 | $17.40 | $16.55 | −$1.49 | $40.44 | $37.10 |
| February | $18.57 | $18.94 | $18.28 | $17.11 | −$1.47 | $41.46 | $38.20 |
| March | $18.54 | $19.21 | $17.90 | $17.01 | −$1.53 | $41.26 | $37.86 |
| April | $19.90 | $20.52 | $19.05 | $18.65 | −$1.25 | $44.14 | $41.37 |
| May | $19.74 | $20.53 | $18.70 | $18.35 | −$1.39 | $43.70 | $40.62 |
| June | $18.45 | $19.25 | $17.38 | $17.31 | −$1.13 | $40.76 | $38.25 |
| July | $17.33 | $17.62 | $17.03 | $15.85 | −$1.47 | $38.29 | $35.02 |
| August | $18.02 | $19.91 | $17.40 | $16.10 | −$1.93 | $39.71 | $35.48 |
| September | $18.23 | $19.01 | $17.27 | $16.70 | −$1.52 | $40.09 | $36.73 |
| October | $17.43 | $17.67 | $16.86 | $16.11 | −$1.32 | $38.21 | $35.32 |
| November | $17.99 | $18.56 | $17.62 | $16.86 | −$1.14 | $39.46 | $36.98 |
| December | $19.03 | $19.71 | $18.43 | $17.93 | −$1.09 | $41.77 | $39.36 |
Monthly averages are EIA's published figures. Brent − WTI is the average over dates with both prices published, so it can differ from the difference between the two monthly averages. Inflation-adjusted columns use CPI-U for each month, expressed in September 2026 dollars; “—” means CPI-U for that month is not available.
It was below $20 on 235 days. The steepest fall within the year ran from $20.53 on May 1, 1995 to $16.86 on Oct 5, 1995, an 18% drop. From $17.40 on Jan 9, 1995, WTI climbed to $20.53 by May 1, 1995, an 18% gain. The largest one-day move was −$2.07 on Aug 28, 1995 (−10.4%).
Brent traded below WTI throughout 1995: its monthly average was lower in every month, and on the 248 matched dates it averaged $1.40 less. Brent averaged $17.02, up $1.16 (7.3%) from 1994.
Monthly averages peaked early, at $19.90 in April, and bottomed at $17.33 in July. In September 2026 dollars (CPI-U), the 1995 average is $40.75, lower than 2025's real average by $27.69 (40.5%). The 1990s as a whole averaged $19.70, so 1995 ran below its decade. Of 40 complete years with an EIA annual average, 1995 ranks 5th lowest, tied with 1993.
1995 summary statistics
| Measure | WTI | Brent | Brent − WTI |
|---|---|---|---|
| Average | $18.43 | $17.02 | −$1.40 |
| Change vs 1994 average | +$1.23 | +$1.16 | −$0.04 |
| Highest daily price | $20.53 May 1, 1995 | $19.38 May 1, 1995 | — |
| Lowest daily price | $16.86 Oct 5, 1995 | $15.35 Jul 21, 1995 | — |
| Highest daily spread | — | — | −$0.69 Dec 28, 1995 |
| Lowest daily spread | — | — | −$3.76 Aug 25, 1995 |
| First observation | $17.45 Jan 3, 1995 | $15.88 Jan 3, 1995 | — |
| Last observation | $19.54 Dec 29, 1995 | $18.65 Dec 29, 1995 | — |
| Published daily observations | 251 | 253 | 248 matched |
| Average in September 2026 dollars | $40.75 | $37.63 | — |
Daily spot prices in 1995
Show all 256 dates (Jan 3, 1995 – Dec 29, 1995)
| Date | WTI | Brent | Brent − WTI |
|---|---|---|---|
| Jan 3, 1995 | $17.45 | $15.88 | −$1.57 |
| Jan 4, 1995 | $17.56 | $15.93 | −$1.63 |
| Jan 5, 1995 | $17.76 | $16.13 | −$1.63 |
| Jan 6, 1995 | $17.69 | $16.35 | −$1.34 |
| Jan 9, 1995 | $17.40 | $16.08 | −$1.32 |
| Jan 10, 1995 | $17.42 | $16.00 | −$1.42 |
| Jan 11, 1995 | $17.70 | $16.40 | −$1.30 |
| Jan 12, 1995 | $17.72 | $16.48 | −$1.24 |
| Jan 13, 1995 | $17.52 | $16.20 | −$1.32 |
| Jan 16, 1995 | $17.89 | $16.38 | −$1.51 |
| Jan 17, 1995 | $18.47 | $16.78 | −$1.69 |
| Jan 18, 1995 | $18.72 | $16.95 | −$1.77 |
| Jan 19, 1995 | $18.70 | $17.08 | −$1.62 |
| Jan 20, 1995 | $18.46 | $17.23 | −$1.23 |
| Jan 23, 1995 | $18.16 | $17.00 | −$1.16 |
| Jan 24, 1995 | $18.53 | $17.15 | −$1.38 |
| Jan 25, 1995 | $18.82 | $16.98 | −$1.84 |
| Jan 26, 1995 | $18.23 | $16.73 | −$1.50 |
| Jan 27, 1995 | $17.95 | $16.38 | −$1.57 |
| Jan 30, 1995 | $18.20 | $16.68 | −$1.52 |
| Jan 31, 1995 | $18.48 | $16.80 | −$1.68 |
| Feb 1, 1995 | $18.48 | $17.05 | −$1.43 |
| Feb 2, 1995 | $18.54 | $17.00 | −$1.54 |
| Feb 3, 1995 | $18.78 | $17.40 | −$1.38 |
| Feb 6, 1995 | $18.58 | $17.08 | −$1.50 |
| Feb 7, 1995 | $18.43 | $17.05 | −$1.38 |
| Feb 8, 1995 | $18.36 | $17.03 | −$1.33 |
| Feb 9, 1995 | $18.28 | $16.85 | −$1.43 |
| Feb 10, 1995 | $18.47 | $16.85 | −$1.62 |
| Feb 13, 1995 | $18.29 | $16.88 | −$1.41 |
| Feb 14, 1995 | $18.44 | $17.00 | −$1.44 |
| Feb 15, 1995 | $18.46 | $17.10 | −$1.36 |
| Feb 16, 1995 | $18.63 | $17.13 | −$1.50 |
| Feb 17, 1995 | $18.94 | $17.40 | −$1.54 |
| Feb 20, 1995 | — | $17.43 | — |
| Feb 21, 1995 | $18.86 | $17.18 | −$1.68 |
| Feb 22, 1995 | $18.84 | $17.08 | −$1.76 |
| Feb 23, 1995 | $18.59 | $17.10 | −$1.49 |
| Feb 24, 1995 | $18.70 | $17.10 | −$1.60 |
| Feb 27, 1995 | $18.64 | $17.35 | −$1.29 |
| Feb 28, 1995 | $18.52 | $17.23 | −$1.29 |
| Mar 1, 1995 | $18.31 | $16.85 | −$1.46 |
| Mar 2, 1995 | $18.40 | $16.55 | −$1.85 |
| Mar 3, 1995 | $18.63 | $16.68 | −$1.95 |
| Mar 6, 1995 | $18.56 | $16.75 | −$1.81 |
| Mar 7, 1995 | $18.59 | $16.85 | −$1.74 |
| Mar 8, 1995 | $18.30 | $16.73 | −$1.57 |
| Mar 9, 1995 | $17.98 | $16.65 | −$1.33 |
| Mar 10, 1995 | $17.92 | $16.50 | −$1.42 |
| Mar 13, 1995 | $18.19 | $16.30 | −$1.89 |
| Mar 14, 1995 | $17.90 | $16.33 | −$1.57 |
| Mar 15, 1995 | $18.12 | $16.38 | −$1.74 |
| Mar 16, 1995 | $18.18 | $16.50 | −$1.68 |
| Mar 17, 1995 | $18.27 | $16.55 | −$1.72 |
| Mar 20, 1995 | $18.58 | $16.83 | −$1.75 |
| Mar 21, 1995 | $18.44 | $16.80 | −$1.64 |
| Mar 22, 1995 | $18.91 | $17.08 | −$1.83 |
| Mar 23, 1995 | $18.85 | $17.48 | −$1.37 |
| Mar 24, 1995 | $18.68 | $17.65 | −$1.03 |
| Mar 27, 1995 | $19.08 | $17.83 | −$1.25 |
| Mar 28, 1995 | $18.95 | $17.85 | −$1.10 |
| Mar 29, 1995 | $19.21 | $18.05 | −$1.16 |
| Mar 30, 1995 | $19.17 | $17.98 | −$1.19 |
| Mar 31, 1995 | $19.18 | $17.98 | −$1.20 |
| Apr 3, 1995 | $19.05 | $17.88 | −$1.17 |
| Apr 4, 1995 | $19.11 | $18.03 | −$1.08 |
| Apr 5, 1995 | $19.57 | $18.35 | −$1.22 |
| Apr 6, 1995 | $19.74 | $18.50 | −$1.24 |
| Apr 7, 1995 | $19.67 | $18.45 | −$1.22 |
| Apr 10, 1995 | $19.61 | $18.15 | −$1.46 |
| Apr 11, 1995 | $19.84 | $18.63 | −$1.21 |
| Apr 12, 1995 | $19.50 | $18.73 | −$0.77 |
| Apr 13, 1995 | $19.16 | $17.98 | −$1.18 |
| Apr 17, 1995 | $19.80 | — | — |
| Apr 18, 1995 | $20.14 | $18.55 | −$1.59 |
| Apr 19, 1995 | $20.40 | $18.73 | −$1.67 |
| Apr 20, 1995 | $20.52 | $19.15 | −$1.37 |
| Apr 21, 1995 | $20.46 | $19.18 | −$1.28 |
| Apr 24, 1995 | $20.13 | $19.05 | −$1.08 |
| Apr 25, 1995 | $20.31 | $19.35 | −$0.96 |
| Apr 26, 1995 | $20.18 | $18.90 | −$1.28 |
| Apr 27, 1995 | $20.48 | $19.08 | −$1.40 |
| Apr 28, 1995 | $20.36 | $18.98 | −$1.38 |
| May 1, 1995 | $20.53 | $19.38 | −$1.15 |
| May 2, 1995 | $20.18 | $18.83 | −$1.35 |
| May 3, 1995 | $19.88 | $18.33 | −$1.55 |
| May 4, 1995 | $20.30 | $18.68 | −$1.62 |
| May 5, 1995 | $20.33 | $18.85 | −$1.48 |
| May 8, 1995 | $20.32 | $18.78 | −$1.54 |
| May 9, 1995 | $19.67 | $18.12 | −$1.55 |
| May 10, 1995 | $19.76 | $18.10 | −$1.66 |
| May 11, 1995 | $19.40 | $18.08 | −$1.32 |
| May 12, 1995 | $19.55 | $18.23 | −$1.32 |
| May 15, 1995 | $19.91 | $18.43 | −$1.48 |
| May 16, 1995 | $20.01 | $18.53 | −$1.48 |
| May 17, 1995 | $19.94 | $18.50 | −$1.44 |
| May 18, 1995 | $19.99 | $18.23 | −$1.76 |
| May 19, 1995 | $20.06 | $18.43 | −$1.63 |
| May 22, 1995 | $19.86 | $18.38 | −$1.48 |
| May 23, 1995 | $19.81 | $18.48 | −$1.33 |
| May 24, 1995 | $19.34 | $18.55 | −$0.79 |
| May 25, 1995 | $19.12 | $18.00 | −$1.12 |
| May 26, 1995 | $18.70 | $17.80 | −$0.90 |
| May 30, 1995 | $18.78 | $17.43 | −$1.35 |
| May 31, 1995 | $18.88 | $17.58 | −$1.30 |
| Jun 1, 1995 | $18.89 | $17.70 | −$1.19 |
| Jun 2, 1995 | $19.14 | $17.90 | −$1.24 |
| Jun 5, 1995 | $19.25 | $18.23 | −$1.02 |
| Jun 6, 1995 | $19.16 | $17.95 | −$1.21 |
| Jun 7, 1995 | $19.08 | $18.13 | −$0.95 |
| Jun 8, 1995 | $18.94 | $17.93 | −$1.01 |
| Jun 9, 1995 | $18.83 | $17.68 | −$1.15 |
| Jun 12, 1995 | $18.87 | $17.63 | −$1.24 |
| Jun 13, 1995 | $18.93 | $17.83 | −$1.10 |
| Jun 14, 1995 | $19.05 | $17.63 | −$1.42 |
| Jun 15, 1995 | $18.90 | $17.95 | −$0.95 |
| Jun 16, 1995 | $18.80 | $17.75 | −$1.05 |
| Jun 19, 1995 | $18.23 | $16.93 | −$1.30 |
| Jun 20, 1995 | $18.01 | $16.98 | −$1.03 |
| Jun 21, 1995 | $17.59 | $16.50 | −$1.09 |
| Jun 22, 1995 | $17.76 | $16.55 | −$1.21 |
| Jun 23, 1995 | $17.81 | $16.40 | −$1.41 |
| Jun 26, 1995 | $17.67 | $16.55 | −$1.12 |
| Jun 27, 1995 | $17.95 | $16.63 | −$1.32 |
| Jun 28, 1995 | $17.98 | $16.95 | −$1.03 |
| Jun 29, 1995 | $17.59 | $16.50 | −$1.09 |
| Jun 30, 1995 | $17.38 | $16.58 | −$0.80 |
| Jul 3, 1995 | $17.33 | $16.35 | −$0.98 |
| Jul 4, 1995 | — | $15.93 | — |
| Jul 5, 1995 | $17.21 | $16.00 | −$1.21 |
| Jul 6, 1995 | $17.42 | $16.15 | −$1.27 |
| Jul 7, 1995 | $17.14 | $16.10 | −$1.04 |
| Jul 10, 1995 | $17.35 | $15.88 | −$1.47 |
| Jul 11, 1995 | $17.31 | $15.93 | −$1.38 |
| Jul 12, 1995 | $17.49 | $16.03 | −$1.46 |
| Jul 13, 1995 | $17.25 | $15.98 | −$1.27 |
| Jul 14, 1995 | $17.32 | $15.80 | −$1.52 |
| Jul 17, 1995 | $17.28 | $15.73 | −$1.55 |
| Jul 18, 1995 | $17.33 | $15.68 | −$1.65 |
| Jul 19, 1995 | $17.33 | $15.80 | −$1.53 |
| Jul 20, 1995 | $17.03 | $15.68 | −$1.35 |
| Jul 21, 1995 | $17.07 | $15.35 | −$1.72 |
| Jul 24, 1995 | $17.17 | $15.38 | −$1.79 |
| Jul 25, 1995 | $17.45 | $15.48 | −$1.97 |
| Jul 26, 1995 | $17.47 | $16.00 | −$1.47 |
| Jul 27, 1995 | $17.51 | $15.98 | −$1.53 |
| Jul 28, 1995 | $17.43 | $15.93 | −$1.50 |
| Jul 31, 1995 | $17.62 | $15.78 | −$1.84 |
| Aug 1, 1995 | $17.59 | $16.10 | −$1.49 |
| Aug 2, 1995 | $17.95 | $16.13 | −$1.82 |
| Aug 3, 1995 | $17.72 | $15.99 | −$1.73 |
| Aug 4, 1995 | $17.74 | $16.08 | −$1.66 |
| Aug 7, 1995 | $17.65 | $15.90 | −$1.75 |
| Aug 8, 1995 | $17.86 | $16.00 | −$1.86 |
| Aug 9, 1995 | $17.77 | $16.13 | −$1.64 |
| Aug 10, 1995 | $17.91 | $16.08 | −$1.83 |
| Aug 11, 1995 | $17.86 | $16.23 | −$1.63 |
| Aug 14, 1995 | $17.48 | $15.93 | −$1.55 |
| Aug 15, 1995 | $17.40 | $15.85 | −$1.55 |
| Aug 16, 1995 | $17.59 | $15.78 | −$1.81 |
| Aug 17, 1995 | $17.65 | $15.85 | −$1.80 |
| Aug 18, 1995 | $17.87 | $16.03 | −$1.84 |
| Aug 21, 1995 | $18.26 | $16.25 | −$2.01 |
| Aug 22, 1995 | $18.54 | $16.23 | −$2.31 |
| Aug 23, 1995 | $18.79 | $16.50 | −$2.29 |
| Aug 24, 1995 | $19.60 | $16.30 | −$3.30 |
| Aug 25, 1995 | $19.91 | $16.15 | −$3.76 |
| Aug 28, 1995 | $17.84 | — | — |
| Aug 29, 1995 | $17.87 | $16.23 | −$1.64 |
| Aug 30, 1995 | $17.74 | $16.18 | −$1.56 |
| Aug 31, 1995 | $17.89 | $16.20 | −$1.69 |
| Sep 1, 1995 | $18.08 | $16.25 | −$1.83 |
| Sep 4, 1995 | — | $16.62 | — |
| Sep 5, 1995 | $18.49 | $16.68 | −$1.81 |
| Sep 6, 1995 | $18.27 | $16.63 | −$1.64 |
| Sep 7, 1995 | $18.27 | $16.60 | −$1.67 |
| Sep 8, 1995 | $18.44 | $16.93 | −$1.51 |
| Sep 11, 1995 | $18.49 | $16.75 | −$1.74 |
| Sep 12, 1995 | $18.76 | $16.90 | −$1.86 |
| Sep 13, 1995 | $18.53 | $16.85 | −$1.68 |
| Sep 14, 1995 | $18.87 | $17.00 | −$1.87 |
| Sep 15, 1995 | $18.94 | $17.18 | −$1.76 |
| Sep 18, 1995 | $18.92 | $17.23 | −$1.69 |
| Sep 19, 1995 | $19.01 | $17.23 | −$1.78 |
| Sep 20, 1995 | $18.53 | $17.00 | −$1.53 |
| Sep 21, 1995 | $17.89 | $16.60 | −$1.29 |
| Sep 22, 1995 | $17.27 | $16.40 | −$0.87 |
| Sep 25, 1995 | $17.38 | $16.18 | −$1.20 |
| Sep 26, 1995 | $17.47 | $16.15 | −$1.32 |
| Sep 27, 1995 | $17.64 | $16.28 | −$1.36 |
| Sep 28, 1995 | $17.72 | $16.65 | −$1.07 |
| Sep 29, 1995 | $17.54 | $16.58 | −$0.96 |
| Oct 2, 1995 | $17.67 | $16.55 | −$1.12 |
| Oct 3, 1995 | $17.56 | $16.58 | −$0.98 |
| Oct 4, 1995 | $17.32 | $16.40 | −$0.92 |
| Oct 5, 1995 | $16.86 | $15.85 | −$1.01 |
| Oct 6, 1995 | $17.03 | $15.75 | −$1.28 |
| Oct 9, 1995 | $17.36 | $16.00 | −$1.36 |
| Oct 10, 1995 | $17.29 | $15.95 | −$1.34 |
| Oct 11, 1995 | $17.28 | $16.05 | −$1.23 |
| Oct 12, 1995 | $17.08 | $15.90 | −$1.18 |
| Oct 13, 1995 | $17.38 | $15.98 | −$1.40 |
| Oct 16, 1995 | $17.60 | $16.15 | −$1.45 |
| Oct 17, 1995 | $17.59 | $16.03 | −$1.56 |
| Oct 18, 1995 | $17.57 | $15.98 | −$1.59 |
| Oct 19, 1995 | $17.34 | $15.85 | −$1.49 |
| Oct 20, 1995 | $17.44 | $15.80 | −$1.64 |
| Oct 23, 1995 | $17.48 | $15.88 | −$1.60 |
| Oct 24, 1995 | $17.61 | $16.08 | −$1.53 |
| Oct 25, 1995 | $17.58 | $15.98 | −$1.60 |
| Oct 26, 1995 | $17.61 | $16.30 | −$1.31 |
| Oct 27, 1995 | $17.54 | $16.35 | −$1.19 |
| Oct 30, 1995 | $17.67 | $16.45 | −$1.22 |
| Oct 31, 1995 | $17.67 | $16.58 | −$1.09 |
| Nov 1, 1995 | $17.74 | $16.53 | −$1.21 |
| Nov 2, 1995 | $17.94 | $16.83 | −$1.11 |
| Nov 3, 1995 | $17.93 | $16.88 | −$1.05 |
| Nov 6, 1995 | $17.68 | $16.78 | −$0.90 |
| Nov 7, 1995 | $17.62 | $16.70 | −$0.92 |
| Nov 8, 1995 | $17.82 | $16.75 | −$1.07 |
| Nov 9, 1995 | $17.83 | $16.90 | −$0.93 |
| Nov 10, 1995 | $17.83 | $16.83 | −$1.00 |
| Nov 13, 1995 | $17.78 | $16.63 | −$1.15 |
| Nov 14, 1995 | $17.89 | $16.58 | −$1.31 |
| Nov 15, 1995 | $17.92 | $16.73 | −$1.19 |
| Nov 16, 1995 | $18.16 | $16.78 | −$1.38 |
| Nov 17, 1995 | $18.56 | $17.03 | −$1.53 |
| Nov 20, 1995 | $18.14 | $16.80 | −$1.34 |
| Nov 21, 1995 | $17.89 | $16.60 | −$1.29 |
| Nov 22, 1995 | $17.93 | $16.90 | −$1.03 |
| Nov 23, 1995 | — | $16.88 | — |
| Nov 24, 1995 | — | $16.93 | — |
| Nov 27, 1995 | $18.37 | $17.20 | −$1.17 |
| Nov 28, 1995 | $18.28 | $17.25 | −$1.03 |
| Nov 29, 1995 | $18.27 | $17.30 | −$0.97 |
| Nov 30, 1995 | $18.27 | $17.13 | −$1.14 |
| Dec 1, 1995 | $18.43 | $17.18 | −$1.25 |
| Dec 4, 1995 | $18.61 | $17.35 | −$1.26 |
| Dec 5, 1995 | $18.66 | $17.53 | −$1.13 |
| Dec 6, 1995 | $18.76 | $17.55 | −$1.21 |
| Dec 7, 1995 | $18.69 | $17.48 | −$1.21 |
| Dec 8, 1995 | $18.97 | $17.73 | −$1.24 |
| Dec 11, 1995 | $18.62 | $17.68 | −$0.94 |
| Dec 12, 1995 | $18.80 | $17.48 | −$1.32 |
| Dec 13, 1995 | $19.01 | $17.70 | −$1.31 |
| Dec 14, 1995 | $19.14 | $17.90 | −$1.24 |
| Dec 15, 1995 | $19.51 | $18.15 | −$1.36 |
| Dec 18, 1995 | $19.71 | $18.33 | −$1.38 |
| Dec 19, 1995 | $19.05 | $18.03 | −$1.02 |
| Dec 20, 1995 | $18.87 | $18.05 | −$0.82 |
| Dec 21, 1995 | $18.83 | $18.10 | −$0.73 |
| Dec 22, 1995 | $19.12 | $18.18 | −$0.94 |
| Dec 26, 1995 | $19.25 | — | — |
| Dec 27, 1995 | $19.49 | $18.73 | −$0.76 |
| Dec 28, 1995 | $19.47 | $18.78 | −$0.69 |
| Dec 29, 1995 | $19.54 | $18.65 | −$0.89 |
“—” means EIA published no price for that benchmark on that date.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB | $/bbl | Jan 3, 1995 – Dec 29, 1995 | Dec 29, 1995 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB | $/bbl | Jan 3, 1995 – Dec 29, 1995 | Dec 29, 1995 |
| U.S. Bureau of Labor Statistics | CUUR0000SA0 — CPI-U, all items, NSA | index, 1982–84=100 | monthly and annual average | September 2026 |
Inflation adjustment: real = nominal × CPI-U(September 2026) ÷ CPI-U(period). Annual figures use the BLS annual average CPI-U; a year without one uses the mean of the months published so far.
Last updated: Oct 21, 2026, 5:27 PM CDT. Raw values are shown in source units; any conversion is labeled. See methodology and data sources.
Download:1995 daily prices (CSV)