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Oil Prices in February 2017: WTI & Brent Daily Prices and Monthly Average

WTI average
$53.47
EIA monthly average
vs January 2017
+1.8%
$52.50
vs February 2016
+76.4%
$30.32
Brent average
$54.87
avg daily Brent − WTI +$1.38

At $53.47 per barrel, February 2017's WTI average was the highest monthly average in nominal terms since June 2015, up $0.97 (1.8%) from January 2017. The average was 76% above the $30.32 of February 2016.

Daily spot prices, February 2017

Chart data table (20 rows)
Daily spot prices, February 2017 ($/bbl)
PeriodWTIBrent
Feb 28, 2017$54.00$53.36
Feb 27, 2017$54.04$54.65
Feb 24, 2017$53.99$54.69
Feb 23, 2017$54.48$55.82
Feb 22, 2017$53.61$54.90
Feb 21, 2017$54.02$56.34
Feb 20, 2017—$55.25
Feb 17, 2017$53.41$54.48
Feb 16, 2017$53.41$54.16
Feb 15, 2017$53.11$54.57
Feb 14, 2017$53.21$54.96
Feb 13, 2017$52.96$54.15
Feb 10, 2017$53.84$55.20
Feb 9, 2017$52.99$53.98
Feb 8, 2017$52.37$54.42
Feb 7, 2017$52.19$53.79
Feb 6, 2017$53.01$55.02
Feb 3, 2017$53.81$55.92
Feb 2, 2017$53.55$55.94
Feb 1, 2017$53.90$55.79

Daily prices stayed in a narrow $2.29 band, from $52.19 (Feb 7, 2017) to $54.48 (Feb 23, 2017).

Brent averaged $54.87; its premium over WTI on matched dates averaged $1.38, with the daily Brent − WTI difference ranging from −$0.64 to +$2.39.

Adjusted with CPI-U, the February 2017 average equals $73.96 in September 2026 dollars.

February 2017 summary

MeasureWTIBrent
Monthly average$53.47$54.87
Change vs January 2017+$0.97+$0.29
Change vs February 2016+$23.15+$22.69
Highest daily price$54.48 Feb 23, 2017$56.34 Feb 21, 2017
Lowest daily price$52.19 Feb 7, 2017$53.36 Feb 28, 2017
Published daily observations1920
Average in September 2026 dollars (CPI-U)$73.96$75.89

Monthly averages are EIA's published figures. Real figures use CPI-U for February 2017.

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB (daily, monthly)$/bblFeb 1, 2017 – Feb 28, 2017Feb 28, 2017
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblFeb 1, 2017 – Feb 28, 2017Feb 28, 2017
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:2017 daily prices (CSV)