Oil Prices in June 1996: WTI & Brent Daily Prices and Monthly Average
WTI averaged $20.42 per barrel in June 1996, down $0.75 (3.5%) from May 1996. A year earlier, in June 1995, it averaged $18.45, so the price was higher by $1.97 (10.7%) year over year.
Daily spot prices, June 1996
Chart data table (20 rows; WTI on 20, Brent on 20)
| Period | WTI | Brent |
|---|---|---|
| Jun 28, 1996 | $20.92 | $19.28 |
| Jun 27, 1996 | $20.98 | $19.38 |
| Jun 26, 1996 | $20.63 | $18.60 |
| Jun 25, 1996 | $20.13 | $18.38 |
| Jun 24, 1996 | $20.10 | $18.38 |
| Jun 21, 1996 | $20.38 | $18.45 |
| Jun 20, 1996 | $20.68 | $18.43 |
| Jun 19, 1996 | $20.73 | $18.40 |
| Jun 18, 1996 | $21.53 | $18.80 |
| Jun 17, 1996 | $21.43 | $18.70 |
| Jun 14, 1996 | $20.28 | $17.83 |
| Jun 13, 1996 | $20.03 | $17.98 |
| Jun 12, 1996 | $20.13 | $18.23 |
| Jun 11, 1996 | $20.13 | $18.28 |
| Jun 10, 1996 | $20.18 | $18.48 |
| Jun 7, 1996 | $20.28 | $18.40 |
| Jun 6, 1996 | $20.06 | $18.18 |
| Jun 5, 1996 | $19.73 | $18.20 |
| Jun 4, 1996 | $20.28 | $18.50 |
| Jun 3, 1996 | $19.86 | $18.25 |
Prices dipped to $19.73 on Jun 5, 1996, then climbed to $21.53 on Jun 18, 1996 and ended at $20.92. The largest one-day move was +$1.15 on Jun 17, 1996 (+5.7%).
Brent averaged $18.46, on matched dates $1.97 below WTI on average across 20 dates.
Among the 41 June averages EIA has published, 1996's ranks 13th lowest. Within 1996 it ranks 3rd lowest of the 12 monthly averages. WTI moved 5% or more from the previous published price on 1 day. In October 2026 dollars (CPI-U), the average equals $43.98 and the high of $21.53 equals $46.37.
June 1996 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $20.42 | $18.46 |
| Change vs May 1996 | −$0.75 | −$0.69 |
| Change vs June 1995 | +$1.97 | +$1.15 |
| Highest daily price | $21.53 Jun 18, 1996 | $19.38 Jun 27, 1996 |
| Lowest daily price | $19.73 Jun 5, 1996 | $17.83 Jun 14, 1996 |
| Published daily observations | 20 | 20 |
| Average in October 2026 dollars (CPI-U) | $43.98 | $39.76 |
Monthly averages are EIA's published figures. Real figures use CPI-U for June 1996.
June in other years
| Year | WTI average | vs June 1996 | Real |
|---|---|---|---|
| 2026 | $84.81 | +315.3% | $85.71 |
| 2025 | $68.17 | +233.8% | $71.33 |
| 2024 | $79.77 | +290.6% | $85.70 |
| 2023 | $70.25 | +244.0% | $77.71 |
| 2022 | $114.84 | +462.4% | $130.81 |
| 2021 | $71.38 | +249.6% | $88.67 |
| 2020 | $38.31 | +87.6% | $50.16 |
| 2019 | $54.66 | +167.7% | $72.02 |
| 2018 | $67.87 | +232.4% | $90.90 |
| 2017 | $45.18 | +121.3% | $62.25 |
| 2016 | $48.76 | +138.8% | $68.28 |
| 2015 | $59.82 | +192.9% | $84.60 |
| 2014 | $105.79 | +418.1% | $149.81 |
| 2013 | $95.77 | +369.0% | $138.43 |
| 2012 | $82.30 | +303.0% | $121.04 |
| 2011 | $96.26 | +371.4% | $143.93 |
| 2010 | $75.34 | +269.0% | $116.66 |
| 2009 | $69.64 | +241.0% | $108.97 |
| 2008 | $133.88 | +555.6% | $206.50 |
| 2007 | $67.49 | +230.5% | $109.33 |
| 2006 | $70.95 | +247.5% | $118.02 |
| 2005 | $56.35 | +176.0% | $97.78 |
| 2004 | $38.03 | +86.2% | $67.66 |
| 2003 | $30.66 | +50.1% | $56.33 |
| 2002 | $25.52 | +25.0% | $47.88 |
| 2001 | $27.60 | +35.2% | $52.33 |
| 2000 | $31.82 | +55.8% | $62.29 |
| 1999 | $17.92 | −12.2% | $36.39 |
| 1998 | $13.72 | −32.8% | $28.41 |
| 1997 | $19.26 | −5.7% | $40.55 |
| 1996 | $20.42 | — | $43.98 |
| 1995 | $18.45 | −9.6% | $40.83 |
| 1994 | $19.06 | −6.7% | $43.47 |
| 1993 | $19.09 | −6.5% | $44.62 |
| 1992 | $22.39 | +9.6% | $53.90 |
| 1991 | $20.19 | −1.1% | $50.11 |
| 1990 | $16.70 | −18.2% | $43.39 |
| 1989 | $20.05 | −1.8% | $54.53 |
| 1988 | $16.53 | −19.0% | $47.28 |
| 1987 | $20.07 | −1.7% | $59.68 |
| 1986 | $13.43 | −34.2% | $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 1996.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Jun 3, 1996 – Jun 28, 1996 | Jun 28, 1996 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Jun 3, 1996 – Jun 28, 1996 | Jun 28, 1996 |
| 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:1996 daily prices (CSV)