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

WTI average
$51.58
EIA monthly average
vs September 2017
+3.5%
$49.82
vs October 2016
+3.6%
$49.78
Brent average
$57.51
avg daily Brent − WTI +$5.93

WTI averaged $51.58 per barrel in October 2017, up $1.76 (3.5%) from September 2017. A year earlier, in October 2016, it averaged $49.78, so the price was higher by $1.80 (3.6%) year over year.

Daily spot prices, October 2017

Chart data table (22 rows)
Daily spot prices, October 2017 ($/bbl)
PeriodWTIBrent
Oct 31, 2017$54.36$61.35
Oct 30, 2017$54.11$60.65
Oct 27, 2017$53.92$60.15
Oct 26, 2017$52.41$58.75
Oct 25, 2017$51.97$58.45
Oct 24, 2017$52.32$57.84
Oct 23, 2017$51.91$57.69
Oct 20, 2017$51.63$57.89
Oct 19, 2017$51.29$57.82
Oct 18, 2017$52.05$58.05
Oct 17, 2017$51.87$57.63
Oct 16, 2017$51.86$57.49
Oct 13, 2017$51.43$56.86
Oct 12, 2017$50.61$56.13
Oct 11, 2017$51.30$56.13
Oct 10, 2017$50.93$56.62
Oct 9, 2017$49.58$55.29
Oct 6, 2017$49.34$55.50
Oct 5, 2017$50.79$57.09
Oct 4, 2017$50.00$56.00
Oct 3, 2017$50.44$56.12
Oct 2, 2017$50.59$55.67

Prices rose over the month, from $50.59 on Oct 2, 2017 to $54.36 on Oct 31, 2017, with gains on 15 of 22 trading days.

Brent averaged $57.51; its premium over WTI on matched dates averaged $5.93, with the daily Brent − WTI difference ranging from +$4.83 to +$6.99.

Adjusted with CPI-U, the October 2017 average equals $70.46 in September 2026 dollars.

October 2017 summary

MeasureWTIBrent
Monthly average$51.58$57.51
Change vs September 2017+$1.76+$1.36
Change vs October 2016+$1.80+$7.99
Highest daily price$54.36 Oct 31, 2017$61.35 Oct 31, 2017
Lowest daily price$49.34 Oct 6, 2017$55.29 Oct 9, 2017
Published daily observations2222
Average in September 2026 dollars (CPI-U)$70.46$78.56

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

Source and methodology

ProviderSeriesUnitsCoverageLatest observation
U.S. Energy Information AdministrationRWTC — WTI spot price FOB (daily, monthly)$/bblOct 2, 2017 – Oct 31, 2017Oct 31, 2017
U.S. Energy Information AdministrationRBRTE — Brent spot price FOB (daily, monthly)$/bblOct 2, 2017 – Oct 31, 2017Oct 31, 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)