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Oil Prices in December 2015: WTI & Brent Daily Prices and Monthly Average

WTI average
$37.19
EIA monthly average
vs November 2015
−12.4%
$42.44
vs December 2014
−37.3%
$59.29
Brent average
$38.01
avg daily Brent − WTI +$0.76

WTI dropped in December 2015: the monthly average fell to $37.19, down $5.25 (12.4%) from November 2015, the lowest monthly average in nominal terms since April 2004. The average was 37% below the $59.29 of December 2014.

Daily spot prices, December 2015

Chart data table (23 rows)
Daily spot prices, December 2015 ($/bbl)
PeriodWTIBrent
Dec 31, 2015$37.13$36.61
Dec 30, 2015$36.59$35.65
Dec 29, 2015$37.88$36.85
Dec 28, 2015$36.36$37.08
Dec 25, 2015$37.60$37.08
Dec 24, 2015$37.62$37.22
Dec 23, 2015$36.76$35.79
Dec 22, 2015$36.12$35.26
Dec 21, 2015$34.55$35.34
Dec 18, 2015$34.72$36.76
Dec 17, 2015$34.98$36.29
Dec 16, 2015$35.55$36.96
Dec 15, 2015$37.32$37.66
Dec 14, 2015$36.31$36.51
Dec 11, 2015$35.65$36.99
Dec 10, 2015$36.76$38.65
Dec 9, 2015$37.16$39.04
Dec 8, 2015$37.46$39.44
Dec 7, 2015$37.64$39.69
Dec 4, 2015$40.00$41.44
Dec 3, 2015$41.08$42.00
Dec 2, 2015$39.93$41.92
Dec 1, 2015$40.58$42.97

Prices peaked at $41.08 on Dec 3, 2015, then fell to $34.55 on Dec 21, 2015 and ended at $37.13. The largest one-day move was −$2.36 on Dec 7, 2015 (−5.9%).

Brent averaged $38.01, within a dollar of WTI on average across the 23 dates when both were published.

It was the lowest monthly average of 2015. Adjusted with CPI-U, the December 2015 average equals $52.98 in September 2026 dollars.

December 2015 summary

MeasureWTIBrent
Monthly average$37.19$38.01
Change vs November 2015−$5.25−$6.26
Change vs December 2014−$22.10−$24.33
Highest daily price$41.08 Dec 3, 2015$42.97 Dec 1, 2015
Lowest daily price$34.55 Dec 21, 2015$35.26 Dec 22, 2015
Published daily observations2323
Average in September 2026 dollars (CPI-U)$52.98$54.15

Monthly averages are EIA's published figures. Real figures use CPI-U for December 2015.

Part of the price episode: 2014–16 price decline

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB (daily, monthly)$/bblDec 1, 2015 – Dec 31, 2015Dec 31, 2015
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblDec 1, 2015 – Dec 31, 2015Dec 31, 2015
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:2015 daily prices (CSV)