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Oil Prices in July 2011: WTI & Brent Daily Prices and Monthly Average

WTI average
$97.30
EIA monthly average
vs June 2011
+1.1%
$96.26
vs July 2010
+27.5%
$76.32
Brent average
$116.97
avg daily Brent − WTI +$19.67

WTI averaged $97.30 per barrel in July 2011, little changed from June 2011 ($96.26). The average was 27% above the $76.32 of July 2010.

Daily spot prices, July 2011

Chart data table (20 rows)
Daily spot prices, July 2011 ($/bbl)
PeriodWTIBrent
Jul 29, 2011$95.68$115.93
Jul 28, 2011$97.48$118.16
Jul 27, 2011$97.40$117.99
Jul 26, 2011$99.61$118.14
Jul 25, 2011$98.97$118.27
Jul 22, 2011$99.53$118.99
Jul 21, 2011$98.96$118.25
Jul 20, 2011$98.11$118.52
Jul 19, 2011$97.49$118.18
Jul 18, 2011$95.94$117.05
Jul 15, 2011$97.24$118.06
Jul 14, 2011$95.75$117.38
Jul 13, 2011$98.04$118.46
Jul 12, 2011$97.41$117.36
Jul 11, 2011$95.16$117.35
Jul 8, 2011$96.20$117.40
Jul 7, 2011$98.70$117.40
Jul 6, 2011$96.67$113.55
Jul 5, 2011$96.92$113.21
Jul 1, 2011$94.81$109.82

Daily prices stayed in a narrow $4.80 band, from $94.81 (Jul 1, 2011) to $99.61 (Jul 26, 2011).

Brent averaged $116.97; its premium over WTI on matched dates averaged $19.67, with the daily Brent − WTI difference ranging from +$15.01 to +$22.19.

Adjusted with CPI-U, the July 2011 average equals $145.11 in September 2026 dollars.

July 2011 summary

MeasureWTIBrent
Monthly average$97.30$116.97
Change vs June 2011+$1.04+$3.14
Change vs July 2010+$20.98+$41.39
Highest daily price$99.61 Jul 26, 2011$118.99 Jul 22, 2011
Lowest daily price$94.81 Jul 1, 2011$109.82 Jul 1, 2011
Published daily observations2020
Average in September 2026 dollars (CPI-U)$145.11$174.45

Monthly averages are EIA's published figures. Real figures use CPI-U for July 2011.

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB (daily, monthly)$/bblJul 1, 2011 – Jul 29, 2011Jul 29, 2011
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblJul 1, 2011 – Jul 29, 2011Jul 29, 2011
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:2011 daily prices (CSV)