Oil Prices in June 2008: WTI & Brent Daily Prices and Monthly Average
At $133.88 per barrel, June 2008's WTI average was the highest monthly average in nominal terms since EIA's records began in 1986, up $8.48 (6.8%) from May 2008. The average was 98% above the $67.49 of June 2007.
Daily spot prices, June 2008
Chart data table (21 rows)
| Period | WTI | Brent |
|---|---|---|
| Jun 30, 2008 | $139.96 | $138.40 |
| Jun 27, 2008 | $139.69 | $139.38 |
| Jun 26, 2008 | $138.91 | $136.82 |
| Jun 25, 2008 | $133.92 | $131.59 |
| Jun 24, 2008 | $136.49 | $135.37 |
| Jun 23, 2008 | $135.98 | $134.54 |
| Jun 20, 2008 | $134.78 | $134.28 |
| Jun 19, 2008 | $131.88 | $131.84 |
| Jun 18, 2008 | $136.54 | $129.12 |
| Jun 17, 2008 | $133.99 | $131.27 |
| Jun 16, 2008 | $134.52 | $133.90 |
| Jun 13, 2008 | $134.84 | $134.29 |
| Jun 12, 2008 | $136.91 | $132.11 |
| Jun 11, 2008 | $136.43 | $134.52 |
| Jun 10, 2008 | $131.38 | $135.24 |
| Jun 9, 2008 | $134.44 | $134.43 |
| Jun 6, 2008 | $138.51 | $132.81 |
| Jun 5, 2008 | $127.93 | $122.36 |
| Jun 4, 2008 | $122.30 | $121.72 |
| Jun 3, 2008 | $124.33 | $126.28 |
| Jun 2, 2008 | $127.75 | $128.50 |
Prices rose over the month, from $127.75 on Jun 2, 2008 to $139.96 on Jun 30, 2008. The largest one-day move was +$10.58 on Jun 6, 2008 (+8.3%).
Brent traded below WTI on average this month: $132.32 for the month, $1.56 under WTI across 21 matched dates.
It was the highest monthly average of 2008. Adjusted with CPI-U, the June 2008 average equals $206.15 in September 2026 dollars.
June 2008 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $133.88 | $132.32 |
| Change vs May 2008 | +$8.48 | +$9.52 |
| Change vs June 2007 | +$66.39 | +$61.27 |
| Highest daily price | $139.96 Jun 30, 2008 | $139.38 Jun 27, 2008 |
| Lowest daily price | $122.30 Jun 4, 2008 | $121.72 Jun 4, 2008 |
| Published daily observations | 21 | 21 |
| Average in September 2026 dollars (CPI-U) | $206.15 | $203.75 |
Monthly averages are EIA's published figures. Real figures use CPI-U for June 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 | Jun 2, 2008 – Jun 30, 2008 | Jun 30, 2008 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Jun 2, 2008 – Jun 30, 2008 | Jun 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)