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Oil Prices in December 2006: WTI & Brent Daily Prices and Monthly Average

WTI average
$61.96
EIA monthly average
vs November 2006
+4.9%
$59.08
vs December 2005
+4.3%
$59.41
Brent average
$62.47
avg daily Brent − WTI +$0.47

WTI averaged $61.96 per barrel in December 2006, up $2.88 (4.9%) from November 2006. A year earlier, in December 2005, it averaged $59.41, so the price was higher by $2.55 (4.3%) year over year.

Daily spot prices, December 2006

Chart data table (20 rows)
Daily spot prices, December 2006 ($/bbl)
PeriodWTIBrent
Dec 29, 2006$60.85$58.96
Dec 28, 2006$60.39$59.41
Dec 27, 2006$60.31$60.70
Dec 26, 2006$61.07—
Dec 22, 2006$61.81$61.92
Dec 21, 2006$62.05$62.13
Dec 20, 2006$63.08$63.13
Dec 19, 2006$62.87$62.19
Dec 18, 2006$62.19$62.81
Dec 15, 2006$63.40$62.91
Dec 14, 2006$62.48$62.85
Dec 13, 2006$61.34$61.89
Dec 12, 2006$61.06$62.58
Dec 11, 2006$61.26$62.59
Dec 8, 2006$62.06$63.67
Dec 7, 2006$62.54$63.17
Dec 6, 2006$62.20$63.70
Dec 5, 2006$62.40$63.65
Dec 4, 2006$62.39$63.97
Dec 1, 2006$63.43$64.74

The month's range ran from $60.31 on Dec 27, 2006 to $63.43 on Dec 1, 2006; the last price was $60.85 on Dec 29, 2006.

Brent averaged $62.47, within a dollar of WTI on average across the 19 dates when both were published.

Adjusted with CPI-U, the December 2006 average equals $103.45 in September 2026 dollars.

December 2006 summary

MeasureWTIBrent
Monthly average$61.96$62.47
Change vs November 2006+$2.88+$3.71
Change vs December 2005+$2.55+$5.61
Highest daily price$63.43 Dec 1, 2006$64.74 Dec 1, 2006
Lowest daily price$60.31 Dec 27, 2006$58.96 Dec 29, 2006
Published daily observations2019
Average in September 2026 dollars (CPI-U)$103.45$104.30

Monthly averages are EIA's published figures. Real figures use CPI-U for December 2006.

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB (daily, monthly)$/bblDec 1, 2006 – Dec 29, 2006Dec 29, 2006
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblDec 1, 2006 – Dec 29, 2006Dec 29, 2006
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:2006 daily prices (CSV)