Oil Prices in November 2020: WTI & Brent Daily Prices and Monthly Average
WTI averaged $40.94 per barrel in November 2020, up $1.54 (3.9%) from October 2020. The average was 28% below the $57.03 of November 2019.
Daily spot prices, November 2020
Chart data table (21 rows)
| Period | WTI | Brent |
|---|---|---|
| Nov 30, 2020 | $45.20 | $46.84 |
| Nov 27, 2020 | — | $46.88 |
| Nov 26, 2020 | — | $46.32 |
| Nov 25, 2020 | $45.58 | $47.30 |
| Nov 24, 2020 | $44.71 | $46.63 |
| Nov 23, 2020 | $42.91 | $45.00 |
| Nov 20, 2020 | $41.99 | $43.79 |
| Nov 19, 2020 | $41.57 | $43.09 |
| Nov 18, 2020 | $41.64 | $42.91 |
| Nov 17, 2020 | $41.24 | $42.54 |
| Nov 16, 2020 | $41.14 | $42.71 |
| Nov 13, 2020 | $39.93 | $41.51 |
| Nov 12, 2020 | $40.90 | $42.16 |
| Nov 11, 2020 | $41.23 | $42.50 |
| Nov 10, 2020 | $41.18 | $42.25 |
| Nov 9, 2020 | $40.05 | $40.93 |
| Nov 6, 2020 | $36.97 | $38.08 |
| Nov 5, 2020 | $38.56 | $39.47 |
| Nov 4, 2020 | $38.97 | $39.68 |
| Nov 3, 2020 | $37.44 | $38.17 |
| Nov 2, 2020 | $36.60 | $37.78 |
Prices rose over the month, from $36.60 on Nov 2, 2020 to $45.20 on Nov 30, 2020, with gains on 13 of 19 trading days. The largest one-day move was +$3.08 on Nov 9, 2020 (+8.3%).
Brent averaged $42.69; its premium over WTI on matched dates averaged $1.34, with the daily Brent − WTI difference ranging from +$0.71 to +$2.09.
Adjusted with CPI-U, the November 2020 average equals $53.01 in September 2026 dollars.
November 2020 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $40.94 | $42.69 |
| Change vs October 2020 | +$1.54 | +$2.50 |
| Change vs November 2019 | −$16.09 | −$20.52 |
| Highest daily price | $45.58 Nov 25, 2020 | $47.30 Nov 25, 2020 |
| Lowest daily price | $36.60 Nov 2, 2020 | $37.78 Nov 2, 2020 |
| Published daily observations | 19 | 21 |
| Average in September 2026 dollars (CPI-U) | $53.01 | $55.27 |
Monthly averages are EIA's published figures. Real figures use CPI-U for November 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 | Nov 2, 2020 – Nov 30, 2020 | Nov 30, 2020 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Nov 2, 2020 – Nov 30, 2020 | Nov 30, 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)