Oil Prices in July 2017: WTI & Brent Daily Prices and Monthly Average
WTI averaged $46.63 per barrel in July 2017, up $1.45 (3.2%) from June 2017. A year earlier, in July 2016, it averaged $44.65, so the price was higher by $1.98 (4.4%) year over year.
Daily spot prices, July 2017
Chart data table (21 rows)
| Period | WTI | Brent |
|---|---|---|
| Jul 31, 2017 | $50.21 | $51.99 |
| Jul 28, 2017 | $49.72 | $52.00 |
| Jul 27, 2017 | $49.05 | $50.67 |
| Jul 26, 2017 | $48.58 | $50.08 |
| Jul 25, 2017 | $47.77 | $49.19 |
| Jul 24, 2017 | $46.21 | $47.81 |
| Jul 21, 2017 | $45.78 | $47.47 |
| Jul 20, 2017 | $46.73 | $48.54 |
| Jul 19, 2017 | $47.10 | $48.34 |
| Jul 18, 2017 | $46.40 | $47.92 |
| Jul 17, 2017 | $46.02 | $47.66 |
| Jul 14, 2017 | $46.53 | $47.89 |
| Jul 13, 2017 | $46.06 | $47.65 |
| Jul 12, 2017 | $45.48 | $46.73 |
| Jul 11, 2017 | $45.06 | $46.68 |
| Jul 10, 2017 | $44.40 | $46.57 |
| Jul 7, 2017 | $44.25 | $46.47 |
| Jul 6, 2017 | $45.52 | $48.53 |
| Jul 5, 2017 | $45.11 | $47.58 |
| Jul 4, 2017 | — | $49.15 |
| Jul 3, 2017 | — | $49.13 |
Prices rose over the month, from $45.11 on Jul 5, 2017 to $50.21 on Jul 31, 2017, with gains on 14 of 19 trading days.
Brent averaged $48.48; its premium over WTI on matched dates averaged $1.78, with the daily Brent − WTI difference ranging from +$1.24 to +$3.01.
It was the second-lowest monthly average of 2017. Adjusted with CPI-U, the July 2017 average equals $64.18 in September 2026 dollars.
July 2017 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $46.63 | $48.48 |
| Change vs June 2017 | +$1.45 | +$2.11 |
| Change vs July 2016 | +$1.98 | +$3.53 |
| Highest daily price | $50.21 Jul 31, 2017 | $52.00 Jul 28, 2017 |
| Lowest daily price | $44.25 Jul 7, 2017 | $46.47 Jul 7, 2017 |
| Published daily observations | 19 | 21 |
| Average in September 2026 dollars (CPI-U) | $64.18 | $66.73 |
Monthly averages are EIA's published figures. Real figures use CPI-U for July 2017.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Jul 5, 2017 – Jul 31, 2017 | Jul 31, 2017 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Jul 3, 2017 – Jul 31, 2017 | Jul 31, 2017 |
| 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:2017 daily prices (CSV)