Oil Prices in February 2020: WTI & Brent Daily Prices and Monthly Average
WTI dropped in February 2020: the monthly average fell to $50.54, down $6.98 (12.1%) from January 2020, the lowest monthly average in nominal terms since December 2018. A year earlier, in February 2019, it averaged $54.95, so the price was lower by $4.41 (8.0%) year over year.
Daily spot prices, February 2020
Chart data table (20 rows)
| Period | WTI | Brent |
|---|---|---|
| Feb 28, 2020 | $44.83 | $51.31 |
| Feb 27, 2020 | $47.17 | $52.19 |
| Feb 26, 2020 | $48.67 | $54.96 |
| Feb 25, 2020 | $49.78 | $55.29 |
| Feb 24, 2020 | $51.36 | $56.71 |
| Feb 21, 2020 | $53.36 | $58.60 |
| Feb 20, 2020 | $53.77 | $59.57 |
| Feb 19, 2020 | $53.31 | $59.72 |
| Feb 18, 2020 | $52.10 | $57.35 |
| Feb 17, 2020 | — | $57.83 |
| Feb 14, 2020 | $52.03 | $57.37 |
| Feb 13, 2020 | $51.41 | $56.34 |
| Feb 12, 2020 | $51.13 | $55.54 |
| Feb 11, 2020 | $50.00 | $54.00 |
| Feb 10, 2020 | $49.59 | $53.39 |
| Feb 7, 2020 | $50.34 | $54.53 |
| Feb 6, 2020 | $50.94 | $55.18 |
| Feb 5, 2020 | $50.87 | $55.36 |
| Feb 4, 2020 | $49.59 | $53.90 |
| Feb 3, 2020 | $50.06 | $54.00 |
Prices fell over the month, from $50.06 on Feb 3, 2020 to $44.83 on Feb 28, 2020. The largest one-day move was −$2.34 on Feb 28, 2020 (−5.0%).
Brent averaged $55.66; its premium over WTI on matched dates averaged $5.00, with the daily Brent − WTI difference ranging from +$3.80 to +$6.48.
It was the second-highest monthly average of 2020. Adjusted with CPI-U, the February 2020 average equals $65.83 in September 2026 dollars.
February 2020 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $50.54 | $55.66 |
| Change vs January 2020 | −$6.98 | −$7.99 |
| Change vs February 2019 | −$4.41 | −$8.30 |
| Highest daily price | $53.77 Feb 20, 2020 | $59.72 Feb 19, 2020 |
| Lowest daily price | $44.83 Feb 28, 2020 | $51.31 Feb 28, 2020 |
| Published daily observations | 19 | 20 |
| Average in September 2026 dollars (CPI-U) | $65.83 | $72.50 |
Monthly averages are EIA's published figures. Real figures use CPI-U for February 2020.
Part of the price episode: 2020 price crash
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Feb 3, 2020 – Feb 28, 2020 | Feb 28, 2020 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Feb 3, 2020 – Feb 28, 2020 | Feb 28, 2020 |
| 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:2020 daily prices (CSV)