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Oil Prices in January 2012: WTI & Brent Daily Prices and Monthly Average

WTI average
$100.27
EIA monthly average
vs December 2011
+1.7%
$98.56
vs January 2011
+12.4%
$89.17
Brent average
$110.69
avg daily Brent − WTI +$10.41

WTI averaged $100.27 per barrel in January 2012, up $1.71 (1.7%) from December 2011. A year earlier, in January 2011, it averaged $89.17, so the price was higher by $11.10 (12.4%) year over year.

Daily spot prices, January 2012

Chart data table (20 rows)
Daily spot prices, January 2012 ($/bbl)
PeriodWTIBrent
Jan 31, 2012$98.46$110.26
Jan 30, 2012$98.75$110.24
Jan 27, 2012$99.47$110.50
Jan 26, 2012$99.76$109.08
Jan 25, 2012$99.23$108.48
Jan 24, 2012$98.84$108.38
Jan 23, 2012$99.47$109.46
Jan 20, 2012$98.15$108.50
Jan 19, 2012$100.32$109.54
Jan 18, 2012$100.61$109.81
Jan 17, 2012$100.70$110.55
Jan 13, 2012$98.69$109.88
Jan 12, 2012$99.03$112.97
Jan 11, 2012$100.89$111.66
Jan 10, 2012$102.24$113.30
Jan 9, 2012$101.31$111.07
Jan 6, 2012$101.56$111.96
Jan 5, 2012$101.81$113.59
Jan 4, 2012$103.22$113.37
Jan 3, 2012$102.96$111.12

Prices peaked at $103.22 on Jan 4, 2012, then fell to $98.15 on Jan 20, 2012 and ended at $98.46. The largest one-day move was +$4.13 on Jan 3, 2012 (+4.2%).

Brent averaged $110.69; its premium over WTI on matched dates averaged $10.41, with the daily Brent − WTI difference ranging from +$8.16 to +$13.94.

Adjusted with CPI-U, the January 2012 average equals $149.05 in September 2026 dollars.

January 2012 summary

MeasureWTIBrent
Monthly average$100.27$110.69
Change vs December 2011+$1.71+$2.82
Change vs January 2011+$11.10+$14.17
Highest daily price$103.22 Jan 4, 2012$113.59 Jan 5, 2012
Lowest daily price$98.15 Jan 20, 2012$108.38 Jan 24, 2012
Published daily observations2020
Average in September 2026 dollars (CPI-U)$149.05$164.54

Monthly averages are EIA's published figures. Real figures use CPI-U for January 2012.

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB (daily, monthly)$/bblJan 3, 2012 – Jan 31, 2012Jan 31, 2012
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblJan 3, 2012 – Jan 31, 2012Jan 31, 2012
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:2012 daily prices (CSV)