Oil Prices in April 1999: WTI & Brent Daily Prices and Monthly Average
WTI's monthly average rose to $17.31 in April 1999, up $2.63 (17.9%) from March 1999, the highest monthly average in nominal terms since December 1997. A year earlier, in April 1998, it averaged $15.35, so the price was higher by $1.96 (12.8%) year over year.
Daily spot prices, April 1999
Chart data table (21 rows; WTI on 21, Brent on 20)
| Period | WTI | Brent |
|---|---|---|
| Apr 30, 1999 | $18.69 | $16.45 |
| Apr 29, 1999 | $18.53 | $16.53 |
| Apr 28, 1999 | $18.43 | $16.38 |
| Apr 27, 1999 | $17.82 | $15.91 |
| Apr 26, 1999 | $17.67 | $15.63 |
| Apr 23, 1999 | $17.96 | $16.07 |
| Apr 22, 1999 | $18.02 | $16.29 |
| Apr 21, 1999 | $18.05 | $15.96 |
| Apr 20, 1999 | $17.79 | $16.04 |
| Apr 19, 1999 | $17.82 | $16.01 |
| Apr 16, 1999 | $17.34 | $15.34 |
| Apr 15, 1999 | $16.85 | $14.82 |
| Apr 14, 1999 | $16.51 | $14.45 |
| Apr 13, 1999 | $16.73 | $14.68 |
| Apr 12, 1999 | $16.44 | $14.23 |
| Apr 9, 1999 | $16.59 | $14.11 |
| Apr 8, 1999 | $15.92 | $13.72 |
| Apr 7, 1999 | $16.02 | $14.14 |
| Apr 6, 1999 | $16.79 | $14.53 |
| Apr 5, 1999 | $16.94 | — |
| Apr 1, 1999 | $16.65 | $14.60 |
Prices rose over the month, from $16.65 on Apr 1, 1999 to $18.69 on Apr 30, 1999. The largest one-day move was −$0.77 on Apr 7, 1999 (−4.6%).
Brent averaged $15.29, on matched dates $2.04 below WTI on average across 20 dates.
Among the 41 April averages EIA has published, 1999's ranks 5th lowest. Within 1999 it ranks 4th lowest of the 12 monthly averages. The high was $18.69 on Apr 30, 1999 and the low $15.92 on Apr 8, 1999. In October 2026 dollars (CPI-U), the average equals $35.15 and the high of $18.69 equals $37.95.
April 1999 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $17.31 | $15.29 |
| Change vs March 1999 | +$2.63 | +$2.78 |
| Change vs April 1998 | +$1.96 | +$1.76 |
| Highest daily price | $18.69 Apr 30, 1999 | $16.53 Apr 29, 1999 |
| Lowest daily price | $15.92 Apr 8, 1999 | $13.72 Apr 8, 1999 |
| Published daily observations | 21 | 20 |
| Average in October 2026 dollars (CPI-U) | $35.15 | $31.05 |
Monthly averages are EIA's published figures. Real figures use CPI-U for April 1999.
April in other years
| Year | WTI average | vs April 1999 | Real |
|---|---|---|---|
| 2026 | $100.32 | +479.5% | $101.67 |
| 2025 | $63.54 | +267.1% | $66.85 |
| 2024 | $85.35 | +393.1% | $91.87 |
| 2023 | $79.45 | +359.0% | $88.39 |
| 2022 | $101.78 | +488.0% | $118.82 |
| 2021 | $61.72 | +256.6% | $78.00 |
| 2020 | $16.55 | −4.4% | $21.79 |
| 2019 | $63.86 | +268.9% | $84.34 |
| 2018 | $66.25 | +282.7% | $89.25 |
| 2017 | $51.06 | +195.0% | $70.48 |
| 2016 | $40.75 | +135.4% | $57.48 |
| 2015 | $54.45 | +214.6% | $77.67 |
| 2014 | $102.07 | +489.7% | $145.31 |
| 2013 | $92.02 | +431.6% | $133.56 |
| 2012 | $103.32 | +496.9% | $151.56 |
| 2011 | $109.53 | +532.8% | $164.37 |
| 2010 | $84.29 | +386.9% | $130.49 |
| 2009 | $49.65 | +186.8% | $78.58 |
| 2008 | $112.58 | +550.4% | $176.88 |
| 2007 | $63.98 | +269.6% | $104.48 |
| 2006 | $69.44 | +301.2% | $116.31 |
| 2005 | $52.98 | +206.1% | $91.89 |
| 2004 | $36.75 | +112.3% | $65.98 |
| 2003 | $28.17 | +62.7% | $51.73 |
| 2002 | $26.18 | +51.2% | $49.14 |
| 2001 | $27.49 | +58.8% | $52.45 |
| 2000 | $25.72 | +48.6% | $50.68 |
| 1999 | $17.31 | — | $35.15 |
| 1998 | $15.35 | −11.3% | $31.88 |
| 1997 | $19.70 | +13.8% | $41.50 |
| 1996 | $23.50 | +35.8% | $50.75 |
| 1995 | $19.90 | +15.0% | $44.22 |
| 1994 | $16.42 | −5.1% | $37.60 |
| 1993 | $20.25 | +17.0% | $47.46 |
| 1992 | $20.23 | +16.9% | $48.95 |
| 1991 | $20.83 | +20.3% | $52.00 |
| 1990 | $18.43 | +6.5% | $48.26 |
| 1989 | $21.07 | +21.7% | $57.77 |
| 1988 | $17.86 | +3.2% | $51.48 |
| 1987 | $18.68 | +7.9% | $55.94 |
| 1986 | $12.84 | −25.8% | $39.90 |
“—” 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 April 1999.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Apr 1, 1999 – Apr 30, 1999 | Apr 30, 1999 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Apr 1, 1999 – Apr 30, 1999 | Apr 30, 1999 |
| 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:1999 daily prices (CSV)