Oil Prices in December 1995: WTI & Brent Daily Prices and Monthly Average
WTI averaged $19.03 per barrel in December 1995, up $1.04 (5.8%) from November 1995. A year earlier, in December 1994, it averaged $17.16, so the price was higher by $1.87 (10.9%) year over year.
Daily spot prices, December 1995
Chart data table (20 rows; WTI on 20, Brent on 19)
| Period | WTI | Brent |
|---|---|---|
| Dec 29, 1995 | $19.54 | $18.65 |
| Dec 28, 1995 | $19.47 | $18.78 |
| Dec 27, 1995 | $19.49 | $18.73 |
| Dec 26, 1995 | $19.25 | — |
| Dec 22, 1995 | $19.12 | $18.18 |
| Dec 21, 1995 | $18.83 | $18.10 |
| Dec 20, 1995 | $18.87 | $18.05 |
| Dec 19, 1995 | $19.05 | $18.03 |
| Dec 18, 1995 | $19.71 | $18.33 |
| Dec 15, 1995 | $19.51 | $18.15 |
| Dec 14, 1995 | $19.14 | $17.90 |
| Dec 13, 1995 | $19.01 | $17.70 |
| Dec 12, 1995 | $18.80 | $17.48 |
| Dec 11, 1995 | $18.62 | $17.68 |
| Dec 8, 1995 | $18.97 | $17.73 |
| Dec 7, 1995 | $18.69 | $17.48 |
| Dec 6, 1995 | $18.76 | $17.55 |
| Dec 5, 1995 | $18.66 | $17.53 |
| Dec 4, 1995 | $18.61 | $17.35 |
| Dec 1, 1995 | $18.43 | $17.18 |
Prices rose over the month, from $18.43 on Dec 1, 1995 to $19.54 on Dec 29, 1995, with gains on 14 of 20 trading days.
Brent averaged $17.93, on matched dates $1.09 below WTI on average across 19 dates.
Among the 40 December averages EIA has published, 1995's ranks 8th lowest. Within 1995 it ranks 3rd highest of the 12 monthly averages. The high was $19.71 on Dec 18, 1995 and the low $18.43 on Dec 1, 1995. In October 2026 dollars (CPI-U), the average equals $41.84 and the high of $19.71 equals $43.34.
December 1995 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $19.03 | $17.93 |
| Change vs November 1995 | +$1.04 | +$1.07 |
| Change vs December 1994 | +$1.87 | +$2.00 |
| Highest daily price | $19.71 Dec 18, 1995 | $18.78 Dec 28, 1995 |
| Lowest daily price | $18.43 Dec 1, 1995 | $17.18 Dec 1, 1995 |
| Published daily observations | 20 | 19 |
| Average in October 2026 dollars (CPI-U) | $41.84 | $39.42 |
Monthly averages are EIA's published figures. Real figures use CPI-U for December 1995.
December in other years
| Year | WTI average | vs December 1995 | Real |
|---|---|---|---|
| 2025 | $57.97 | +204.6% | $60.38 |
| 2024 | $70.12 | +268.5% | $74.99 |
| 2023 | $71.90 | +277.8% | $79.11 |
| 2022 | $76.44 | +301.7% | $86.93 |
| 2021 | $71.71 | +276.8% | $86.81 |
| 2020 | $47.02 | +147.1% | $60.93 |
| 2019 | $59.88 | +214.7% | $78.65 |
| 2018 | $49.52 | +160.2% | $66.53 |
| 2017 | $57.88 | +204.2% | $79.24 |
| 2016 | $51.97 | +173.1% | $72.65 |
| 2015 | $37.19 | +95.4% | $53.07 |
| 2014 | $59.29 | +211.6% | $85.22 |
| 2013 | $97.63 | +413.0% | $141.39 |
| 2012 | $87.86 | +361.7% | $129.15 |
| 2011 | $98.56 | +417.9% | $147.40 |
| 2010 | $89.15 | +368.5% | $137.28 |
| 2009 | $74.47 | +291.3% | $116.39 |
| 2008 | $41.12 | +116.1% | $66.02 |
| 2007 | $91.69 | +381.8% | $147.34 |
| 2006 | $61.96 | +225.6% | $103.63 |
| 2005 | $59.41 | +212.2% | $101.89 |
| 2004 | $43.15 | +126.7% | $76.53 |
| 2003 | $32.13 | +68.8% | $58.84 |
| 2002 | $29.46 | +54.8% | $54.96 |
| 2001 | $19.39 | +1.9% | $37.04 |
| 2000 | $28.44 | +49.4% | $55.17 |
| 1999 | $26.10 | +37.2% | $52.34 |
| 1998 | $11.35 | −40.4% | $23.37 |
| 1997 | $18.33 | −3.7% | $38.35 |
| 1996 | $25.23 | +32.6% | $53.69 |
| 1995 | $19.03 | — | $41.84 |
| 1994 | $17.16 | −9.8% | $38.69 |
| 1993 | $14.52 | −23.7% | $33.61 |
| 1992 | $19.41 | +2.0% | $46.17 |
| 1991 | $19.50 | +2.5% | $47.73 |
| 1990 | $27.28 | +43.4% | $68.81 |
| 1989 | $21.10 | +10.9% | $56.47 |
| 1988 | $16.38 | −13.9% | $45.88 |
| 1987 | $17.28 | −9.2% | $50.54 |
| 1986 | $16.11 | −15.3% | $49.21 |
“—” 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 December 1995.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Dec 1, 1995 – Dec 29, 1995 | Dec 29, 1995 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Dec 1, 1995 – Dec 29, 1995 | Dec 29, 1995 |
| 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:1995 daily prices (CSV)