Oil Prices in March 2000: WTI & Brent Daily Prices and Monthly Average
At $29.84 per barrel, March 2000's WTI average was the highest monthly average in nominal terms since November 1990, up $0.47 (1.6%) from February 2000. The average was 103% above the $14.68 of March 1999.
Daily spot prices, March 2000
Chart data table (23 rows)
| Period | WTI | Brent |
|---|---|---|
| Mar 31, 2000 | $26.86 | $23.98 |
| Mar 30, 2000 | $26.67 | $23.94 |
| Mar 29, 2000 | $26.36 | $23.77 |
| Mar 28, 2000 | $27.10 | $24.80 |
| Mar 27, 2000 | $27.59 | $25.16 |
| Mar 24, 2000 | $27.86 | $25.74 |
| Mar 23, 2000 | $27.47 | $25.32 |
| Mar 22, 2000 | $27.28 | $25.77 |
| Mar 21, 2000 | $28.01 | $24.93 |
| Mar 20, 2000 | $29.33 | $25.59 |
| Mar 17, 2000 | $30.86 | $27.87 |
| Mar 16, 2000 | $31.10 | $27.97 |
| Mar 15, 2000 | $30.47 | $28.03 |
| Mar 14, 2000 | $31.93 | $28.83 |
| Mar 13, 2000 | $32.11 | $29.25 |
| Mar 10, 2000 | $31.76 | $28.97 |
| Mar 9, 2000 | $31.61 | $29.11 |
| Mar 8, 2000 | $31.22 | $31.41 |
| Mar 7, 2000 | $33.90 | $31.93 |
| Mar 6, 2000 | $32.19 | $30.08 |
| Mar 3, 2000 | $31.46 | $29.83 |
| Mar 2, 2000 | $31.51 | $30.12 |
| Mar 1, 2000 | $31.71 | $29.78 |
Prices fell over the month, from $31.71 on Mar 1, 2000 to $26.86 on Mar 31, 2000. The largest one-day move was −$2.68 on Mar 8, 2000 (−7.9%).
Brent traded below WTI on average this month: $27.49 for the month, $2.36 under WTI across 23 matched dates.
Adjusted with CPI-U, the March 2000 average equals $58.73 in September 2026 dollars.
March 2000 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $29.84 | $27.49 |
| Change vs February 2000 | +$0.47 | −$0.29 |
| Change vs March 1999 | +$15.16 | +$14.98 |
| Highest daily price | $33.90 Mar 7, 2000 | $31.93 Mar 7, 2000 |
| Lowest daily price | $26.36 Mar 29, 2000 | $23.77 Mar 29, 2000 |
| Published daily observations | 23 | 23 |
| Average in September 2026 dollars (CPI-U) | $58.73 | $54.10 |
Monthly averages are EIA's published figures. Real figures use CPI-U for March 2000.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Mar 1, 2000 – Mar 31, 2000 | Mar 31, 2000 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Mar 1, 2000 – Mar 31, 2000 | Mar 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)