Oil Prices in July 2021: WTI & Brent Daily Prices and Monthly Average
At $72.49 per barrel, July 2021's WTI average was the highest monthly average in nominal terms since November 2014, up $1.11 (1.6%) from June 2021. The average was 78% above the $40.71 of July 2020.
Daily spot prices, July 2021
Chart data table (22 rows)
| Period | WTI | Brent |
|---|---|---|
| Jul 30, 2021 | $73.93 | $77.72 |
| Jul 29, 2021 | $73.62 | $76.30 |
| Jul 28, 2021 | $72.37 | $75.09 |
| Jul 27, 2021 | $71.68 | $74.87 |
| Jul 26, 2021 | $72.15 | $74.79 |
| Jul 23, 2021 | $72.24 | $74.86 |
| Jul 22, 2021 | $72.15 | $74.25 |
| Jul 21, 2021 | $70.26 | $72.54 |
| Jul 20, 2021 | $67.32 | $70.03 |
| Jul 19, 2021 | $66.45 | $69.33 |
| Jul 16, 2021 | $71.76 | $74.46 |
| Jul 15, 2021 | $71.67 | $74.53 |
| Jul 14, 2021 | $73.06 | $75.74 |
| Jul 13, 2021 | $75.24 | $77.50 |
| Jul 12, 2021 | $74.21 | $76.77 |
| Jul 9, 2021 | $74.56 | $77.14 |
| Jul 8, 2021 | $72.98 | $75.07 |
| Jul 7, 2021 | $72.22 | $74.31 |
| Jul 6, 2021 | $73.62 | $75.81 |
| Jul 5, 2021 | — | $78.34 |
| Jul 2, 2021 | $75.37 | $77.51 |
| Jul 1, 2021 | $75.33 | $76.69 |
Prices peaked at $75.37 on Jul 2, 2021, then fell to $66.45 on Jul 19, 2021 and ended at $73.93. The largest one-day move was −$5.31 on Jul 19, 2021 (−7.4%).
Brent averaged $75.17; its premium over WTI on matched dates averaged $2.53, with the daily Brent − WTI difference ranging from +$1.36 to +$3.79.
Adjusted with CPI-U, the July 2021 average equals $89.47 in September 2026 dollars.
July 2021 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $72.49 | $75.17 |
| Change vs June 2021 | +$1.11 | +$2.01 |
| Change vs July 2020 | +$31.78 | +$31.93 |
| Highest daily price | $75.37 Jul 2, 2021 | $78.34 Jul 5, 2021 |
| Lowest daily price | $66.45 Jul 19, 2021 | $69.33 Jul 19, 2021 |
| Published daily observations | 21 | 22 |
| Average in September 2026 dollars (CPI-U) | $89.47 | $92.77 |
Monthly averages are EIA's published figures. Real figures use CPI-U for July 2021.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Jul 1, 2021 – Jul 30, 2021 | Jul 30, 2021 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Jul 1, 2021 – Jul 30, 2021 | Jul 30, 2021 |
| 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:2021 daily prices (CSV)