Skip to content
US Oil Gauge
Menu

Oil Prices in August 2000: WTI & Brent Daily Prices and Monthly Average

WTI average
$31.26
EIA monthly average
vs July 2000
+5.3%
$29.70
vs August 1999
+46.9%
$21.28
Brent average
$30.20
avg daily Brent − WTI −$1.07

WTI averaged $31.26 per barrel in August 2000, up $1.56 (5.3%) from July 2000. The average was 47% above the $21.28 of August 1999.

Daily spot prices, August 2000

Chart data table (23 rows)
Daily spot prices, August 2000 ($/bbl)
PeriodWTIBrent
Aug 31, 2000$33.09$35.08
Aug 30, 2000$33.25$34.13
Aug 29, 2000$32.73$34.03
Aug 28, 2000$32.92$33.29
Aug 25, 2000$34.01$33.26
Aug 24, 2000$33.41$31.67
Aug 23, 2000$31.23$32.38
Aug 22, 2000$31.24$30.18
Aug 21, 2000$32.42$31.34
Aug 18, 2000$31.97$30.76
Aug 17, 2000$31.88$30.71
Aug 16, 2000$31.91$29.66
Aug 15, 2000$31.43$30.00
Aug 14, 2000$31.92$29.24
Aug 11, 2000$31.02$29.44
Aug 10, 2000$31.09$28.98
Aug 9, 2000$30.38$28.13
Aug 8, 2000$29.26$27.58
Aug 7, 2000$28.93$27.56
Aug 4, 2000$29.94$28.01
Aug 3, 2000$28.92$27.04
Aug 2, 2000$28.27$26.80
Aug 1, 2000$27.85$25.24

Prices rose over the month, from $27.85 on Aug 1, 2000 to $33.09 on Aug 31, 2000, with gains on 14 of 23 trading days. The largest one-day move was +$2.18 on Aug 24, 2000 (+7.0%).

Brent traded below WTI on average this month: $30.20 for the month, $1.07 under WTI across 23 matched dates.

Adjusted with CPI-U, the August 2000 average equals $60.95 in September 2026 dollars.

August 2000 summary

MeasureWTIBrent
Monthly average$31.26$30.20
Change vs July 2000+$1.56+$1.52
Change vs August 1999+$9.98+$9.98
Highest daily price$34.01 Aug 25, 2000$35.08 Aug 31, 2000
Lowest daily price$27.85 Aug 1, 2000$25.24 Aug 1, 2000
Published daily observations2323
Average in September 2026 dollars (CPI-U)$60.95$58.89

Monthly averages are EIA's published figures. Real figures use CPI-U for August 2000.

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB (daily, monthly)$/bblAug 1, 2000 – Aug 31, 2000Aug 31, 2000
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblAug 1, 2000 – Aug 31, 2000Aug 31, 2000
U.S. Bureau of Labor StatisticsCUUR0000SA0 — CPI-U, all items, NSAindex, 1982–84=100monthlySeptember 2026

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:2000 daily prices (CSV)