Oil Prices in June 2004: WTI & Brent Daily Prices and Monthly Average
WTI averaged $38.03 per barrel in June 2004, down $2.25 (5.6%) from May 2004. A year earlier, in June 2003, it averaged $30.66, so the price was higher by $7.37 (24.0%) year over year.
Daily spot prices, June 2004
Chart data table (22 rows)
| Period | WTI | Brent |
|---|---|---|
| Jun 30, 2004 | $36.92 | $33.22 |
| Jun 29, 2004 | $35.60 | $32.61 |
| Jun 28, 2004 | $36.25 | $33.24 |
| Jun 25, 2004 | $37.34 | $34.25 |
| Jun 24, 2004 | $37.81 | $34.71 |
| Jun 23, 2004 | $37.56 | $34.81 |
| Jun 22, 2004 | $38.11 | $34.95 |
| Jun 21, 2004 | $37.69 | $34.82 |
| Jun 18, 2004 | $38.68 | $35.43 |
| Jun 17, 2004 | $38.51 | $35.58 |
| Jun 16, 2004 | $37.33 | $34.56 |
| Jun 15, 2004 | $37.18 | $34.66 |
| Jun 14, 2004 | $37.58 | $35.22 |
| Jun 11, 2004 | — | $35.23 |
| Jun 10, 2004 | $38.45 | $35.75 |
| Jun 9, 2004 | $37.60 | $34.69 |
| Jun 8, 2004 | $37.18 | $35.47 |
| Jun 7, 2004 | $38.72 | $35.57 |
| Jun 4, 2004 | $38.44 | $35.97 |
| Jun 3, 2004 | $39.29 | $36.26 |
| Jun 2, 2004 | $39.96 | $37.99 |
| Jun 1, 2004 | $42.33 | $39.05 |
Prices fell over the month, from $42.33 on Jun 1, 2004 to $36.92 on Jun 30, 2004. The largest one-day move was +$2.43 on Jun 1, 2004 (+6.1%).
Brent traded below WTI on average this month: $35.18 for the month, $2.84 under WTI across 21 matched dates.
Adjusted with CPI-U, the June 2004 average equals $67.55 in September 2026 dollars.
June 2004 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $38.03 | $35.18 |
| Change vs May 2004 | −$2.25 | −$2.39 |
| Change vs June 2003 | +$7.37 | +$7.53 |
| Highest daily price | $42.33 Jun 1, 2004 | $39.05 Jun 1, 2004 |
| Lowest daily price | $35.60 Jun 29, 2004 | $32.61 Jun 29, 2004 |
| Published daily observations | 21 | 22 |
| Average in September 2026 dollars (CPI-U) | $67.55 | $62.49 |
Monthly averages are EIA's published figures. Real figures use CPI-U for June 2004.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Jun 1, 2004 – Jun 30, 2004 | Jun 30, 2004 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Jun 1, 2004 – Jun 30, 2004 | Jun 30, 2004 |
| 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:2004 daily prices (CSV)