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

WTI average
$50.90
EIA monthly average
vs June 2015
−14.9%
$59.82
vs July 2014
−50.9%
$103.59
Brent average
$56.56
avg daily Brent − WTI +$5.55

WTI dropped in July 2015: the monthly average fell to $50.90, down $8.92 (14.9%) from June 2015. The average was 51% below the $103.59 of July 2014.

Daily spot prices, July 2015

Chart data table (23 rows)
Daily spot prices, July 2015 ($/bbl)
PeriodWTIBrent
Jul 31, 2015$47.11$53.29
Jul 30, 2015$48.53$54.29
Jul 29, 2015$48.77$54.73
Jul 28, 2015$47.97$54.30
Jul 27, 2015$47.17$54.07
Jul 24, 2015$47.98$54.29
Jul 23, 2015$48.11$55.76
Jul 22, 2015$49.27$56.36
Jul 21, 2015$50.59$55.94
Jul 20, 2015$50.11$56.42
Jul 17, 2015$50.88$56.38
Jul 16, 2015$50.90$57.31
Jul 15, 2015$51.40$57.34
Jul 14, 2015$53.05$57.20
Jul 13, 2015$52.19$57.63
Jul 10, 2015$52.74$57.72
Jul 9, 2015$52.76$57.83
Jul 8, 2015$51.61$55.70
Jul 7, 2015$52.33$54.72
Jul 6, 2015$52.48$57.19
Jul 3, 2015—$59.06
Jul 2, 2015$56.93$61.73
Jul 1, 2015$56.94$61.65

Prices fell over the month, from $56.94 on Jul 1, 2015 to $47.11 on Jul 31, 2015, with declines on 17 of 22 trading days. The largest one-day move was −$4.45 on Jul 6, 2015 (−7.8%).

Brent averaged $56.56; its premium over WTI on matched dates averaged $5.55, with the daily Brent − WTI difference ranging from +$2.39 to +$7.65.

Adjusted with CPI-U, the July 2015 average equals $71.86 in September 2026 dollars.

July 2015 summary

MeasureWTIBrent
Monthly average$50.90$56.56
Change vs June 2015−$8.92−$4.92
Change vs July 2014−$52.69−$50.21
Highest daily price$56.94 Jul 1, 2015$61.73 Jul 2, 2015
Lowest daily price$47.11 Jul 31, 2015$53.29 Jul 31, 2015
Published daily observations2223
Average in September 2026 dollars (CPI-U)$71.86$79.85

Monthly averages are EIA's published figures. Real figures use CPI-U for July 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)$/bblJul 1, 2015 – Jul 31, 2015Jul 31, 2015
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblJul 1, 2015 – Jul 31, 2015Jul 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)