Oil Prices in January 2015: WTI & Brent Daily Prices and Monthly Average
WTI dropped in January 2015: the monthly average fell to $47.22, down $12.07 (20.4%) from December 2014, the lowest monthly average in nominal terms since February 2009. The average was 50% below the $94.62 of January 2014.
Daily spot prices, January 2015
Chart data table (20 rows)
| Period | WTI | Brent |
|---|---|---|
| Jan 30, 2015 | $47.79 | $47.52 |
| Jan 29, 2015 | $44.12 | $46.61 |
| Jan 28, 2015 | $44.08 | $47.07 |
| Jan 27, 2015 | $45.84 | $46.55 |
| Jan 26, 2015 | $44.80 | $46.07 |
| Jan 23, 2015 | $45.26 | $46.69 |
| Jan 22, 2015 | $45.93 | $46.09 |
| Jan 21, 2015 | $47.85 | $46.50 |
| Jan 20, 2015 | $46.79 | $46.49 |
| Jan 16, 2015 | $48.49 | $47.38 |
| Jan 15, 2015 | $46.37 | $47.66 |
| Jan 14, 2015 | $48.49 | $45.82 |
| Jan 13, 2015 | $45.92 | $45.13 |
| Jan 12, 2015 | $46.06 | $46.90 |
| Jan 9, 2015 | $48.35 | $47.64 |
| Jan 8, 2015 | $48.80 | $49.43 |
| Jan 7, 2015 | $48.69 | $49.06 |
| Jan 6, 2015 | $47.98 | $50.12 |
| Jan 5, 2015 | $50.05 | $51.08 |
| Jan 2, 2015 | $52.72 | $55.38 |
The month's range ran from $44.08 on Jan 28, 2015 to $52.72 on Jan 2, 2015; the last price was $47.79 on Jan 30, 2015. The largest one-day move was +$3.67 on Jan 30, 2015 (+8.3%).
Brent averaged $47.76, within a dollar of WTI on average across the 20 dates when both were published.
Adjusted with CPI-U, the January 2015 average equals $68.08 in September 2026 dollars.
January 2015 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $47.22 | $47.76 |
| Change vs December 2014 | −$12.07 | −$14.58 |
| Change vs January 2014 | −$47.40 | −$60.36 |
| Highest daily price | $52.72 Jan 2, 2015 | $55.38 Jan 2, 2015 |
| Lowest daily price | $44.08 Jan 28, 2015 | $45.13 Jan 13, 2015 |
| Published daily observations | 20 | 20 |
| Average in September 2026 dollars (CPI-U) | $68.08 | $68.86 |
Monthly averages are EIA's published figures. Real figures use CPI-U for January 2015.
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 | Jan 2, 2015 – Jan 30, 2015 | Jan 30, 2015 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Jan 2, 2015 – Jan 30, 2015 | Jan 30, 2015 |
| 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:2015 daily prices (CSV)