Oil Prices in March 2012: WTI & Brent Daily Prices and Monthly Average
WTI averaged $106.16 per barrel in March 2012, up $3.96 (3.9%) from February 2012. A year earlier, in March 2011, it averaged $102.86, so the price was higher by $3.30 (3.2%) year over year.
Daily spot prices, March 2012
Chart data table (22 rows)
| Period | WTI | Brent |
|---|---|---|
| Mar 30, 2012 | $103.03 | $123.41 |
| Mar 29, 2012 | $102.79 | $123.23 |
| Mar 28, 2012 | $105.40 | $124.41 |
| Mar 27, 2012 | $107.32 | $125.25 |
| Mar 26, 2012 | $107.07 | $125.85 |
| Mar 23, 2012 | $106.43 | $125.21 |
| Mar 22, 2012 | $104.98 | $122.49 |
| Mar 21, 2012 | $106.87 | $123.89 |
| Mar 20, 2012 | $105.68 | $124.38 |
| Mar 19, 2012 | $108.09 | $125.76 |
| Mar 16, 2012 | $107.03 | $125.09 |
| Mar 15, 2012 | $105.19 | $123.63 |
| Mar 14, 2012 | $105.49 | $126.98 |
| Mar 13, 2012 | $106.70 | $128.14 |
| Mar 12, 2012 | $106.34 | $127.27 |
| Mar 9, 2012 | $107.40 | $128.08 |
| Mar 8, 2012 | $106.65 | $127.96 |
| Mar 7, 2012 | $106.16 | $125.37 |
| Mar 6, 2012 | $104.71 | $125.03 |
| Mar 5, 2012 | $106.70 | $126.68 |
| Mar 2, 2012 | $106.68 | $125.93 |
| Mar 1, 2012 | $108.76 | $125.76 |
Prices fell over the month, from $108.76 on Mar 1, 2012 to $103.03 on Mar 30, 2012.
Brent averaged $125.45; its premium over WTI on matched dates averaged $19.29, with the daily Brent − WTI difference ranging from +$17.00 to +$21.49.
It was the highest monthly average of 2012. Adjusted with CPI-U, the March 2012 average equals $155.93 in September 2026 dollars.
March 2012 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $106.16 | $125.45 |
| Change vs February 2012 | +$3.96 | +$6.12 |
| Change vs March 2011 | +$3.30 | +$10.81 |
| Highest daily price | $108.76 Mar 1, 2012 | $128.14 Mar 13, 2012 |
| Lowest daily price | $102.79 Mar 29, 2012 | $122.49 Mar 22, 2012 |
| Published daily observations | 22 | 22 |
| Average in September 2026 dollars (CPI-U) | $155.93 | $184.27 |
Monthly averages are EIA's published figures. Real figures use CPI-U for March 2012.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Mar 1, 2012 – Mar 30, 2012 | Mar 30, 2012 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Mar 1, 2012 – Mar 30, 2012 | Mar 30, 2012 |
| 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:2012 daily prices (CSV)