Oil Prices in March 1995: WTI & Brent Daily Prices and Monthly Average
WTI averaged $18.54 per barrel in March 1995, little changed from February 1995 ($18.57). The average was 26% above the $14.68 of March 1994.
Daily spot prices, March 1995
Chart data table (23 rows; WTI on 23, Brent on 23)
| Period | WTI | Brent |
|---|---|---|
| Mar 31, 1995 | $19.18 | $17.98 |
| Mar 30, 1995 | $19.17 | $17.98 |
| Mar 29, 1995 | $19.21 | $18.05 |
| Mar 28, 1995 | $18.95 | $17.85 |
| Mar 27, 1995 | $19.08 | $17.83 |
| Mar 24, 1995 | $18.68 | $17.65 |
| Mar 23, 1995 | $18.85 | $17.48 |
| Mar 22, 1995 | $18.91 | $17.08 |
| Mar 21, 1995 | $18.44 | $16.80 |
| Mar 20, 1995 | $18.58 | $16.83 |
| Mar 17, 1995 | $18.27 | $16.55 |
| Mar 16, 1995 | $18.18 | $16.50 |
| Mar 15, 1995 | $18.12 | $16.38 |
| Mar 14, 1995 | $17.90 | $16.33 |
| Mar 13, 1995 | $18.19 | $16.30 |
| Mar 10, 1995 | $17.92 | $16.50 |
| Mar 9, 1995 | $17.98 | $16.65 |
| Mar 8, 1995 | $18.30 | $16.73 |
| Mar 7, 1995 | $18.59 | $16.85 |
| Mar 6, 1995 | $18.56 | $16.75 |
| Mar 3, 1995 | $18.63 | $16.68 |
| Mar 2, 1995 | $18.40 | $16.55 |
| Mar 1, 1995 | $18.31 | $16.85 |
Prices dipped to $17.90 on Mar 14, 1995, then climbed to $19.21 on Mar 29, 1995 and ended at $19.18.
Brent averaged $17.01, on matched dates $1.53 below WTI on average across 23 dates.
Among the 41 March averages EIA has published, 1995's ranks 7th lowest. Within 1995 it ranks 5th highest of the 12 monthly averages. In October 2026 dollars (CPI-U), the average equals $41.33 and the high of $19.21 equals $42.82.
March 1995 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $18.54 | $17.01 |
| Change vs February 1995 | −$0.03 | −$0.10 |
| Change vs March 1994 | +$3.86 | +$3.19 |
| Highest daily price | $19.21 Mar 29, 1995 | $18.05 Mar 29, 1995 |
| Lowest daily price | $17.90 Mar 14, 1995 | $16.30 Mar 13, 1995 |
| Published daily observations | 23 | 23 |
| Average in October 2026 dollars (CPI-U) | $41.33 | $37.92 |
Monthly averages are EIA's published figures. Real figures use CPI-U for March 1995.
March in other years
| Year | WTI average | vs March 1995 | Real |
|---|---|---|---|
| 2026 | $91.38 | +392.9% | $93.40 |
| 2025 | $68.24 | +268.1% | $72.02 |
| 2024 | $81.28 | +338.4% | $87.83 |
| 2023 | $73.28 | +295.3% | $81.94 |
| 2022 | $108.50 | +485.2% | $127.37 |
| 2021 | $62.33 | +236.2% | $79.42 |
| 2020 | $29.21 | +57.6% | $38.19 |
| 2019 | $58.15 | +213.6% | $77.21 |
| 2018 | $62.73 | +238.3% | $84.84 |
| 2017 | $49.33 | +166.1% | $68.29 |
| 2016 | $37.55 | +102.5% | $53.22 |
| 2015 | $47.82 | +157.9% | $68.35 |
| 2014 | $100.80 | +443.7% | $143.98 |
| 2013 | $92.94 | +401.3% | $134.76 |
| 2012 | $106.16 | +472.6% | $156.20 |
| 2011 | $102.86 | +454.8% | $155.35 |
| 2010 | $81.20 | +338.0% | $125.93 |
| 2009 | $47.94 | +158.6% | $76.07 |
| 2008 | $105.45 | +468.8% | $166.68 |
| 2007 | $60.44 | +226.0% | $99.34 |
| 2006 | $62.69 | +238.1% | $105.90 |
| 2005 | $54.19 | +192.3% | $94.62 |
| 2004 | $36.74 | +98.2% | $66.17 |
| 2003 | $33.51 | +80.7% | $61.40 |
| 2002 | $24.53 | +32.3% | $46.30 |
| 2001 | $27.25 | +47.0% | $52.20 |
| 2000 | $29.84 | +60.9% | $58.83 |
| 1999 | $14.68 | −20.8% | $30.03 |
| 1998 | $15.12 | −18.4% | $31.46 |
| 1997 | $20.97 | +13.1% | $44.24 |
| 1996 | $21.33 | +15.0% | $46.24 |
| 1995 | $18.54 | — | $41.33 |
| 1994 | $14.68 | −20.8% | $33.66 |
| 1993 | $20.32 | +9.6% | $47.76 |
| 1992 | $18.92 | +2.0% | $45.84 |
| 1991 | $19.90 | +7.3% | $49.75 |
| 1990 | $20.39 | +10.0% | $53.47 |
| 1989 | $19.48 | +5.1% | $53.76 |
| 1988 | $16.20 | −12.6% | $46.93 |
| 1987 | $18.30 | −1.3% | $55.10 |
| 1986 | $12.61 | −32.0% | $39.12 |
“—” 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 March 1995.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Mar 1, 1995 – Mar 31, 1995 | Mar 31, 1995 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Mar 1, 1995 – Mar 31, 1995 | Mar 31, 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)