Oil Prices in September 2016: WTI & Brent Daily Prices and Monthly Average
WTI averaged $45.18 per barrel in September 2016, little changed from August 2016 ($44.72). It was close to its level a year earlier ($45.48 in September 2015).
Daily spot prices, September 2016
Chart data table (22 rows)
| Period | WTI | Brent |
|---|---|---|
| Sep 30, 2016 | $47.72 | $48.24 |
| Sep 29, 2016 | $47.72 | $48.43 |
| Sep 28, 2016 | $47.07 | $45.49 |
| Sep 27, 2016 | $44.65 | $44.95 |
| Sep 26, 2016 | $45.60 | $46.61 |
| Sep 23, 2016 | $44.36 | $46.71 |
| Sep 22, 2016 | $46.10 | $47.21 |
| Sep 21, 2016 | $45.33 | $45.99 |
| Sep 20, 2016 | $43.85 | $45.24 |
| Sep 19, 2016 | $43.34 | $46.04 |
| Sep 16, 2016 | $43.04 | $45.26 |
| Sep 15, 2016 | $43.85 | $45.83 |
| Sep 14, 2016 | $43.62 | $45.65 |
| Sep 13, 2016 | $44.91 | $46.48 |
| Sep 12, 2016 | $46.28 | $47.82 |
| Sep 9, 2016 | $45.88 | $48.37 |
| Sep 8, 2016 | $47.63 | $49.23 |
| Sep 7, 2016 | $45.47 | $47.00 |
| Sep 6, 2016 | $44.85 | $46.21 |
| Sep 5, 2016 | $44.39 | $46.72 |
| Sep 2, 2016 | $44.39 | $45.96 |
| Sep 1, 2016 | $43.17 | $45.05 |
Prices rose over the month, from $43.17 on Sep 1, 2016 to $47.72 on Sep 30, 2016, with gains on 13 of 20 trading days. The largest one-day move was +$2.42 on Sep 28, 2016 (+5.4%).
Brent averaged $46.57; its premium over WTI on matched dates averaged $1.42, with the daily Brent − WTI difference ranging from −$1.58 to +$2.70.
Adjusted with CPI-U, the September 2016 average equals $63.05 in September 2026 dollars.
September 2016 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $45.18 | $46.57 |
| Change vs August 2016 | +$0.46 | +$0.73 |
| Change vs September 2015 | −$0.30 | −$1.05 |
| Highest daily price | $47.72 Sep 29, 2016 | $49.23 Sep 8, 2016 |
| Lowest daily price | $43.04 Sep 16, 2016 | $44.95 Sep 27, 2016 |
| Published daily observations | 22 | 22 |
| Average in September 2026 dollars (CPI-U) | $63.05 | $64.99 |
Monthly averages are EIA's published figures. Real figures use CPI-U for September 2016.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Sep 1, 2016 – Sep 30, 2016 | Sep 30, 2016 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Sep 1, 2016 – Sep 30, 2016 | Sep 30, 2016 |
| 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:2016 daily prices (CSV)