Oil Prices in January 2001: WTI & Brent Daily Prices and Monthly Average
WTI averaged $29.59 per barrel in January 2001, up $1.15 (4.0%) from December 2000. A year earlier, in January 2000, it averaged $27.26, so the price was higher by $2.33 (8.5%) year over year.
Daily spot prices, January 2001
Chart data table (22 rows)
| Period | WTI | Brent |
|---|---|---|
| Jan 31, 2001 | $28.62 | $26.59 |
| Jan 30, 2001 | $29.12 | $26.32 |
| Jan 29, 2001 | $29.07 | $26.95 |
| Jan 26, 2001 | $29.79 | $27.04 |
| Jan 25, 2001 | $31.61 | $26.94 |
| Jan 24, 2001 | $31.46 | $27.04 |
| Jan 23, 2001 | $31.66 | $27.02 |
| Jan 22, 2001 | $32.21 | $27.69 |
| Jan 19, 2001 | $32.12 | $26.29 |
| Jan 18, 2001 | $30.42 | $24.74 |
| Jan 17, 2001 | $29.77 | $24.27 |
| Jan 16, 2001 | $30.19 | $25.52 |
| Jan 15, 2001 | — | $26.03 |
| Jan 12, 2001 | $30.07 | $25.63 |
| Jan 11, 2001 | $29.42 | $25.60 |
| Jan 10, 2001 | $29.42 | $24.98 |
| Jan 9, 2001 | $27.72 | $24.13 |
| Jan 8, 2001 | $27.44 | $24.75 |
| Jan 5, 2001 | $28.02 | $24.77 |
| Jan 4, 2001 | $27.95 | $24.57 |
| Jan 3, 2001 | $27.93 | $23.44 |
| Jan 2, 2001 | $27.29 | $23.43 |
The month's range ran from $27.29 on Jan 2, 2001 to $32.21 on Jan 22, 2001; the last price was $28.62 on Jan 31, 2001. The largest one-day move was −$1.82 on Jan 26, 2001 (−5.8%).
Brent traded below WTI on average this month: $25.62 for the month, $3.98 under WTI across 21 matched dates.
It was the second-highest monthly average of 2001. Adjusted with CPI-U, the January 2001 average equals $56.94 in September 2026 dollars.
January 2001 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $29.59 | $25.62 |
| Change vs December 2000 | +$1.15 | −$0.04 |
| Change vs January 2000 | +$2.33 | +$0.11 |
| Highest daily price | $32.21 Jan 22, 2001 | $27.69 Jan 22, 2001 |
| Lowest daily price | $27.29 Jan 2, 2001 | $23.43 Jan 2, 2001 |
| Published daily observations | 21 | 22 |
| Average in September 2026 dollars (CPI-U) | $56.94 | $49.30 |
Monthly averages are EIA's published figures. Real figures use CPI-U for January 2001.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Jan 2, 2001 – Jan 31, 2001 | Jan 31, 2001 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Jan 2, 2001 – Jan 31, 2001 | Jan 31, 2001 |
| 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:2001 daily prices (CSV)