Oil Prices in November 2014: WTI & Brent Daily Prices and Monthly Average
WTI dropped in November 2014: the monthly average fell to $75.79, down $8.61 (10.2%) from October 2014, the lowest monthly average in nominal terms since September 2010. A year earlier, in November 2013, it averaged $93.86, so the price was lower by $18.07 (19.3%) year over year.
Daily spot prices, November 2014
Chart data table (19 rows)
| Period | WTI | Brent |
|---|---|---|
| Nov 28, 2014 | $65.94 | $71.89 |
| Nov 26, 2014 | $73.70 | $77.39 |
| Nov 25, 2014 | $74.04 | $77.62 |
| Nov 24, 2014 | $75.74 | $79.62 |
| Nov 21, 2014 | $76.52 | $79.20 |
| Nov 20, 2014 | $75.63 | $77.61 |
| Nov 19, 2014 | $74.55 | $77.21 |
| Nov 18, 2014 | $74.55 | $77.23 |
| Nov 17, 2014 | $75.64 | $76.86 |
| Nov 14, 2014 | $75.91 | $77.51 |
| Nov 13, 2014 | $74.13 | $77.74 |
| Nov 12, 2014 | $77.16 | $80.42 |
| Nov 11, 2014 | $77.85 | $80.94 |
| Nov 10, 2014 | $77.43 | $82.90 |
| Nov 7, 2014 | $78.71 | $83.20 |
| Nov 6, 2014 | $77.87 | $82.08 |
| Nov 5, 2014 | $78.71 | $82.88 |
| Nov 4, 2014 | $77.15 | $82.12 |
| Nov 3, 2014 | $78.77 | $84.90 |
Prices fell over the month, from $78.77 on Nov 3, 2014 to $65.94 on Nov 28, 2014, with declines on 12 of 18 trading days. The largest one-day move was −$7.76 on Nov 28, 2014 (−10.5%).
Brent averaged $79.44; its premium over WTI on matched dates averaged $3.65, with the daily Brent − WTI difference ranging from +$1.22 to +$6.13.
It was the second-lowest monthly average of 2014. Adjusted with CPI-U, the November 2014 average equals $108.14 in September 2026 dollars.
November 2014 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $75.79 | $79.44 |
| Change vs October 2014 | −$8.61 | −$7.99 |
| Change vs November 2013 | −$18.07 | −$28.35 |
| Highest daily price | $78.77 Nov 3, 2014 | $84.90 Nov 3, 2014 |
| Lowest daily price | $65.94 Nov 28, 2014 | $71.89 Nov 28, 2014 |
| Published daily observations | 19 | 19 |
| Average in September 2026 dollars (CPI-U) | $108.14 | $113.34 |
Monthly averages are EIA's published figures. Real figures use CPI-U for November 2014.
Part of the price episode: 2014–16 price decline
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Nov 3, 2014 – Nov 28, 2014 | Nov 28, 2014 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Nov 3, 2014 – Nov 28, 2014 | Nov 28, 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)