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

WTI average
$29.70
EIA monthly average
vs June 2000
−6.7%
$31.82
vs July 1999
+47.8%
$20.10
Brent average
$28.68
avg daily Brent − WTI −$1.30

WTI averaged $29.70 per barrel in July 2000, down $2.12 (6.7%) from June 2000. The average was 48% above the $20.10 of July 1999.

Daily spot prices, July 2000

Chart data table (21 rows)
Daily spot prices, July 2000 ($/bbl)
PeriodWTIBrent
Jul 31, 2000$27.50$25.30
Jul 28, 2000$28.22$25.96
Jul 27, 2000$28.21$25.60
Jul 26, 2000$27.81$25.92
Jul 25, 2000$27.89$25.78
Jul 24, 2000$27.97$26.84
Jul 21, 2000$28.56$26.68
Jul 20, 2000$30.94$27.85
Jul 19, 2000$31.10$28.33
Jul 18, 2000$31.94$28.46
Jul 17, 2000$30.71$28.44
Jul 14, 2000$31.31$30.82
Jul 13, 2000$31.41$31.15
Jul 12, 2000$30.34$30.27
Jul 11, 2000$29.61$29.83
Jul 10, 2000$29.51$30.58
Jul 7, 2000$30.26$30.62
Jul 6, 2000$30.19$30.67
Jul 5, 2000$30.76$30.35
Jul 4, 2000—$30.73
Jul 3, 2000—$32.15

Prices fell over the month, from $30.76 on Jul 5, 2000 to $27.50 on Jul 31, 2000, with declines on 12 of 19 trading days. The largest one-day move was −$2.38 on Jul 21, 2000 (−7.7%).

Brent traded below WTI on average this month: $28.68 for the month, $1.30 under WTI across 19 matched dates.

Adjusted with CPI-U, the July 2000 average equals $57.91 in September 2026 dollars.

July 2000 summary

MeasureWTIBrent
Monthly average$29.70$28.68
Change vs June 2000−$2.12−$1.12
Change vs July 1999+$9.60+$9.60
Highest daily price$31.94 Jul 18, 2000$32.15 Jul 3, 2000
Lowest daily price$27.50 Jul 31, 2000$25.30 Jul 31, 2000
Published daily observations1921
Average in September 2026 dollars (CPI-U)$57.91$55.92

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

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB (daily, monthly)$/bblJul 5, 2000 – Jul 31, 2000Jul 31, 2000
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblJul 3, 2000 – Jul 31, 2000Jul 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)