Oil Prices in January 2000: WTI & Brent Daily Prices and Monthly Average
At $27.26 per barrel, January 2000's WTI average was the highest monthly average in nominal terms since December 1990, up $1.16 (4.4%) from December 1999. The average was 118% above the $12.52 of January 1999.
Daily spot prices, January 2000
Chart data table (20 rows)
| Period | WTI | Brent |
|---|---|---|
| Jan 31, 2000 | $27.65 | $27.08 |
| Jan 28, 2000 | $27.27 | $26.59 |
| Jan 27, 2000 | $27.22 | $26.91 |
| Jan 26, 2000 | $27.66 | $27.18 |
| Jan 25, 2000 | $30.28 | $27.24 |
| Jan 24, 2000 | $29.25 | $27.02 |
| Jan 21, 2000 | $29.71 | $27.18 |
| Jan 20, 2000 | $29.67 | $26.26 |
| Jan 19, 2000 | $29.11 | $26.17 |
| Jan 18, 2000 | $28.98 | $26.31 |
| Jan 17, 2000 | — | $25.99 |
| Jan 14, 2000 | $28.01 | $25.50 |
| Jan 13, 2000 | $26.63 | $24.90 |
| Jan 12, 2000 | $26.30 | $24.62 |
| Jan 11, 2000 | $25.69 | $23.93 |
| Jan 10, 2000 | $24.71 | $22.77 |
| Jan 7, 2000 | $24.79 | $23.35 |
| Jan 6, 2000 | $24.79 | $23.55 |
| Jan 5, 2000 | $24.65 | $23.72 |
| Jan 4, 2000 | $25.56 | $23.95 |
Prices dipped to $24.65 on Jan 5, 2000, then climbed to $30.28 on Jan 25, 2000 and ended at $27.65. The largest one-day move was −$2.62 on Jan 26, 2000 (−8.7%).
Brent traded below WTI on average this month: $25.51 for the month, $1.77 under WTI across 19 matched dates.
It was the second-lowest monthly average of 2000. Adjusted with CPI-U, the January 2000 average equals $54.41 in September 2026 dollars.
January 2000 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $27.26 | $25.51 |
| Change vs December 1999 | +$1.16 | +$0.04 |
| Change vs January 1999 | +$14.74 | +$14.40 |
| Highest daily price | $30.28 Jan 25, 2000 | $27.24 Jan 25, 2000 |
| Lowest daily price | $24.65 Jan 5, 2000 | $22.77 Jan 10, 2000 |
| Published daily observations | 19 | 20 |
| Average in September 2026 dollars (CPI-U) | $54.41 | $50.92 |
Monthly averages are EIA's published figures. Real figures use CPI-U for January 2000.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Jan 4, 2000 – Jan 31, 2000 | Jan 31, 2000 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Jan 4, 2000 – Jan 31, 2000 | Jan 31, 2000 |
| U.S. Bureau of Labor Statistics | CUUR0000SA0 — CPI-U, all items, NSA | index, 1982–84=100 | monthly | September 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)