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Oil Prices in April 2002: WTI & Brent Daily Prices and Monthly Average

WTI average
$26.18
EIA monthly average
vs March 2002
+6.7%
$24.53
vs April 2001
−4.8%
$27.49
Brent average
$25.73
avg daily Brent − WTI −$0.45

WTI averaged $26.18 per barrel in April 2002, up $1.65 (6.7%) from March 2002. A year earlier, in April 2001, it averaged $27.49, so the price was lower by $1.31 (4.8%) year over year.

Daily spot prices, April 2002

Chart data table (22 rows)
Daily spot prices, April 2002 ($/bbl)
PeriodWTIBrent
Apr 30, 2002$27.32$26.98
Apr 29, 2002$27.45$26.85
Apr 26, 2002$27.12$26.32
Apr 25, 2002$26.36$26.47
Apr 24, 2002$26.28$26.20
Apr 23, 2002$26.28$26.26
Apr 22, 2002$26.28$25.96
Apr 19, 2002$26.43$25.86
Apr 18, 2002$25.86$25.90
Apr 17, 2002$25.94$25.26
Apr 16, 2002$24.92$24.03
Apr 15, 2002$24.53$23.39
Apr 12, 2002$23.51$23.25
Apr 11, 2002$24.93$24.22
Apr 10, 2002$26.15$25.13
Apr 9, 2002$25.45$25.48
Apr 8, 2002$26.16$26.36
Apr 5, 2002$26.21$25.39
Apr 4, 2002$26.64$26.97
Apr 3, 2002$27.55$26.72
Apr 2, 2002$27.75$26.97
Apr 1, 2002$26.82$26.06

Prices peaked at $27.75 on Apr 2, 2002, then fell to $23.51 on Apr 12, 2002 and ended at $27.32. The largest one-day move was −$1.42 on Apr 12, 2002 (−5.7%).

Brent averaged $25.73, within a dollar of WTI on average across the 22 dates when both were published.

Adjusted with CPI-U, the April 2002 average equals $49.06 in September 2026 dollars.

April 2002 summary

MeasureWTIBrent
Monthly average$26.18$25.73
Change vs March 2002+$1.65+$2.03
Change vs April 2001−$1.31+$0.07
Highest daily price$27.75 Apr 2, 2002$26.98 Apr 30, 2002
Lowest daily price$23.51 Apr 12, 2002$23.25 Apr 12, 2002
Published daily observations2222
Average in September 2026 dollars (CPI-U)$49.06$48.22

Monthly averages are EIA's published figures. Real figures use CPI-U for April 2002.

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB (daily, monthly)$/bblApr 1, 2002 – Apr 30, 2002Apr 30, 2002
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblApr 1, 2002 – Apr 30, 2002Apr 30, 2002
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:2002 daily prices (CSV)