Oil Prices in April 2008: WTI & Brent Daily Prices and Monthly Average
At $112.58 per barrel, April 2008's WTI average was the highest monthly average in nominal terms since EIA's records began in 1986, up $7.13 (6.8%) from March 2008. The average was 76% above the $63.98 of April 2007.
Daily spot prices, April 2008
Chart data table (22 rows)
| Period | WTI | Brent |
|---|---|---|
| Apr 30, 2008 | $113.70 | $111.12 |
| Apr 29, 2008 | $115.67 | $113.86 |
| Apr 28, 2008 | $118.78 | $115.70 |
| Apr 25, 2008 | $119.64 | $116.62 |
| Apr 24, 2008 | $117.10 | $114.85 |
| Apr 23, 2008 | $119.28 | $115.34 |
| Apr 22, 2008 | $119.17 | $113.54 |
| Apr 21, 2008 | $117.48 | $111.35 |
| Apr 18, 2008 | $116.56 | $110.67 |
| Apr 17, 2008 | $114.80 | $111.34 |
| Apr 16, 2008 | $114.80 | $110.95 |
| Apr 15, 2008 | $113.77 | $110.84 |
| Apr 14, 2008 | $111.71 | $108.32 |
| Apr 11, 2008 | $110.14 | $107.15 |
| Apr 10, 2008 | $110.07 | $107.37 |
| Apr 9, 2008 | $110.89 | $107.46 |
| Apr 8, 2008 | $108.54 | $105.05 |
| Apr 7, 2008 | $108.91 | $105.98 |
| Apr 4, 2008 | $106.09 | $102.21 |
| Apr 3, 2008 | $103.92 | $102.31 |
| Apr 2, 2008 | $104.83 | $98.85 |
| Apr 1, 2008 | $100.92 | $98.69 |
Prices rose over the month, from $100.92 on Apr 1, 2008 to $113.70 on Apr 30, 2008, with gains on 13 of 21 trading days. The largest one-day move was +$3.91 on Apr 2, 2008 (+3.9%).
Brent traded below WTI on average this month: $109.07 for the month, $3.51 under WTI across 22 matched dates.
Adjusted with CPI-U, the April 2008 average equals $176.58 in September 2026 dollars.
April 2008 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $112.58 | $109.07 |
| Change vs March 2008 | +$7.13 | +$5.43 |
| Change vs April 2007 | +$48.60 | +$41.58 |
| Highest daily price | $119.64 Apr 25, 2008 | $116.62 Apr 25, 2008 |
| Lowest daily price | $100.92 Apr 1, 2008 | $98.69 Apr 1, 2008 |
| Published daily observations | 22 | 22 |
| Average in September 2026 dollars (CPI-U) | $176.58 | $171.07 |
Monthly averages are EIA's published figures. Real figures use CPI-U for April 2008.
Part of the price episode: 2008 spike and crash
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Apr 1, 2008 – Apr 30, 2008 | Apr 30, 2008 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Apr 1, 2008 – Apr 30, 2008 | Apr 30, 2008 |
| 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:2008 daily prices (CSV)