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

WTI average
$28.79
EIA monthly average
vs April 2000
+11.9%
$25.72
vs May 1999
+62.5%
$17.72
Brent average
$27.74
avg daily Brent − WTI −$1.19

WTI jumped in May 2000: the monthly average rose to $28.79, up $3.07 (11.9%) from April 2000. The average was 62% above the $17.72 of May 1999.

Daily spot prices, May 2000

Chart data table (22 rows)
Daily spot prices, May 2000 ($/bbl)
PeriodWTIBrent
May 31, 2000$29.03$29.64
May 30, 2000$30.36$29.89
May 26, 2000$29.76$30.09
May 25, 2000$30.43$29.62
May 24, 2000$29.89$28.97
May 23, 2000$28.61$28.12
May 22, 2000$28.62$28.45
May 19, 2000$30.02$29.01
May 18, 2000$30.28$28.90
May 17, 2000$29.38$28.40
May 16, 2000$29.76$28.78
May 15, 2000$29.95$28.26
May 12, 2000$29.64$27.98
May 11, 2000$29.25$27.22
May 10, 2000$28.10$26.59
May 9, 2000$28.46$26.69
May 8, 2000$28.05$26.03
May 5, 2000$27.37$24.93
May 4, 2000$27.08$25.06
May 3, 2000$26.60$25.13
May 2, 2000$26.86$24.73
May 1, 2000$25.84—

Prices rose over the month, from $25.84 on May 1, 2000 to $29.03 on May 31, 2000. The largest one-day move was −$1.40 on May 22, 2000 (−4.7%).

Brent traded below WTI on average this month: $27.74 for the month, $1.19 under WTI across 21 matched dates.

Adjusted with CPI-U, the May 2000 average equals $56.56 in September 2026 dollars.

May 2000 summary

MeasureWTIBrent
Monthly average$28.79$27.74
Change vs April 2000+$3.07+$4.98
Change vs May 1999+$11.07+$12.51
Highest daily price$30.43 May 25, 2000$30.09 May 26, 2000
Lowest daily price$25.84 May 1, 2000$24.73 May 2, 2000
Published daily observations2221
Average in September 2026 dollars (CPI-U)$56.56$54.50

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

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB (daily, monthly)$/bblMay 1, 2000 – May 31, 2000May 31, 2000
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblMay 2, 2000 – May 31, 2000May 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)