Oil Prices in July 2005: WTI & Brent Daily Prices and Monthly Average
At $59.00 per barrel, July 2005's WTI average was the highest monthly average in nominal terms since EIA's records began in 1986, up $2.65 (4.7%) from June 2005. The average was 45% above the $40.78 of July 2004.
Daily spot prices, July 2005
Chart data table (21 rows)
| Period | WTI | Brent |
|---|---|---|
| Jul 29, 2005 | $60.71 | $59.77 |
| Jul 28, 2005 | $59.91 | $58.28 |
| Jul 27, 2005 | $59.12 | $58.34 |
| Jul 26, 2005 | $59.05 | $58.58 |
| Jul 25, 2005 | $58.16 | $57.51 |
| Jul 22, 2005 | $57.75 | $56.98 |
| Jul 21, 2005 | $57.31 | $55.59 |
| Jul 20, 2005 | $56.73 | $56.39 |
| Jul 19, 2005 | $57.61 | $56.75 |
| Jul 18, 2005 | $57.12 | $56.25 |
| Jul 15, 2005 | $58.36 | $56.98 |
| Jul 14, 2005 | $57.83 | $56.79 |
| Jul 13, 2005 | $60.00 | $58.33 |
| Jul 12, 2005 | $60.49 | $58.95 |
| Jul 11, 2005 | $59.23 | $56.10 |
| Jul 8, 2005 | $59.71 | $59.00 |
| Jul 7, 2005 | $60.76 | $57.55 |
| Jul 6, 2005 | $61.24 | $58.38 |
| Jul 5, 2005 | $59.71 | $57.86 |
| Jul 4, 2005 | — | $57.13 |
| Jul 1, 2005 | $59.11 | $56.41 |
Prices peaked at $61.24 on Jul 6, 2005, then fell to $56.73 on Jul 20, 2005 and ended at $60.71. The largest one-day move was +$2.48 on Jul 1, 2005 (+4.4%).
Brent traded below WTI on average this month: $57.52 for the month, $1.46 under WTI across 20 matched dates.
Adjusted with CPI-U, the July 2005 average equals $101.74 in September 2026 dollars.
July 2005 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $59.00 | $57.52 |
| Change vs June 2005 | +$2.65 | +$3.17 |
| Change vs July 2004 | +$18.22 | +$19.30 |
| Highest daily price | $61.24 Jul 6, 2005 | $59.77 Jul 29, 2005 |
| Lowest daily price | $56.73 Jul 20, 2005 | $55.59 Jul 21, 2005 |
| Published daily observations | 20 | 21 |
| Average in September 2026 dollars (CPI-U) | $101.74 | $99.19 |
Monthly averages are EIA's published figures. Real figures use CPI-U for July 2005.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Jul 1, 2005 – Jul 29, 2005 | Jul 29, 2005 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Jul 1, 2005 – Jul 29, 2005 | Jul 29, 2005 |
| 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:2005 daily prices (CSV)