Oil Prices in January 2014: WTI & Brent Daily Prices and Monthly Average
WTI averaged $94.62 per barrel in January 2014, down $3.01 (3.1%) from December 2013. It was close to its level a year earlier ($94.76 in January 2013).
Daily spot prices, January 2014
Chart data table (22 rows)
| Period | WTI | Brent |
|---|---|---|
| Jan 31, 2014 | $97.55 | $108.16 |
| Jan 30, 2014 | $98.25 | $109.36 |
| Jan 29, 2014 | $97.34 | $108.83 |
| Jan 28, 2014 | $97.49 | $109.10 |
| Jan 27, 2014 | $95.82 | $108.72 |
| Jan 24, 2014 | $96.66 | $109.14 |
| Jan 23, 2014 | $97.23 | $109.69 |
| Jan 22, 2014 | $96.35 | $109.69 |
| Jan 21, 2014 | $94.51 | $109.17 |
| Jan 20, 2014 | — | $108.01 |
| Jan 17, 2014 | $93.96 | $108.45 |
| Jan 16, 2014 | $93.54 | $107.46 |
| Jan 15, 2014 | $93.78 | $108.09 |
| Jan 14, 2014 | $92.15 | $107.12 |
| Jan 13, 2014 | $91.45 | $108.02 |
| Jan 10, 2014 | $92.39 | $106.44 |
| Jan 9, 2014 | $91.36 | $107.49 |
| Jan 8, 2014 | $91.90 | $107.42 |
| Jan 7, 2014 | $93.31 | $107.01 |
| Jan 6, 2014 | $93.12 | $106.71 |
| Jan 3, 2014 | $93.66 | $106.57 |
| Jan 2, 2014 | $95.14 | $107.94 |
Prices dipped to $91.36 on Jan 9, 2014, then climbed to $98.25 on Jan 30, 2014 and ended at $97.55. The largest one-day move was −$3.03 on Jan 2, 2014 (−3.1%).
Brent averaged $108.12; its premium over WTI on matched dates averaged $13.51, with the daily Brent − WTI difference ranging from +$10.61 to +$16.57.
Adjusted with CPI-U, the January 2014 average equals $136.29 in September 2026 dollars.
January 2014 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $94.62 | $108.12 |
| Change vs December 2013 | −$3.01 | −$2.64 |
| Change vs January 2013 | −$0.14 | −$4.84 |
| Highest daily price | $98.25 Jan 30, 2014 | $109.69 Jan 22, 2014 |
| Lowest daily price | $91.36 Jan 9, 2014 | $106.44 Jan 10, 2014 |
| Published daily observations | 21 | 22 |
| Average in September 2026 dollars (CPI-U) | $136.29 | $155.74 |
Monthly averages are EIA's published figures. Real figures use CPI-U for January 2014.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Jan 2, 2014 – Jan 31, 2014 | Jan 31, 2014 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Jan 2, 2014 – Jan 31, 2014 | Jan 31, 2014 |
| 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:2014 daily prices (CSV)