Oil Prices in June 2022: WTI & Brent Daily Prices and Monthly Average
At $114.84 per barrel, June 2022's WTI average was the highest monthly average in nominal terms since August 2008, up $5.29 (4.8%) from May 2022. The average was 61% above the $71.38 of June 2021.
Daily spot prices, June 2022
Chart data table (22 rows)
| Period | WTI | Brent |
|---|---|---|
| Jun 30, 2022 | $107.76 | $119.78 |
| Jun 29, 2022 | $111.65 | $120.80 |
| Jun 28, 2022 | $113.66 | $122.21 |
| Jun 27, 2022 | $111.44 | $119.69 |
| Jun 24, 2022 | $109.07 | $117.36 |
| Jun 23, 2022 | $105.75 | $114.50 |
| Jun 22, 2022 | $106.22 | $115.54 |
| Jun 21, 2022 | $110.49 | $118.51 |
| Jun 20, 2022 | — | $118.25 |
| Jun 17, 2022 | $109.56 | $119.22 |
| Jun 16, 2022 | $117.56 | $125.78 |
| Jun 15, 2022 | $115.32 | $124.96 |
| Jun 14, 2022 | $118.92 | $127.02 |
| Jun 13, 2022 | $120.92 | $128.44 |
| Jun 10, 2022 | $120.73 | $127.44 |
| Jun 9, 2022 | $121.52 | $128.47 |
| Jun 8, 2022 | $121.94 | $129.20 |
| Jun 7, 2022 | $119.55 | $126.89 |
| Jun 6, 2022 | $118.41 | $124.99 |
| Jun 3, 2022 | $118.97 | $125.68 |
| Jun 2, 2022 | $116.88 | — |
| Jun 1, 2022 | $115.26 | $122.20 |
Prices fell over the month, from $115.26 on Jun 1, 2022 to $107.76 on Jun 30, 2022. The largest one-day move was −$8.00 on Jun 17, 2022 (−6.8%).
Brent averaged $122.71; its premium over WTI on matched dates averaged $8.20, with the daily Brent − WTI difference ranging from +$6.58 to +$12.02.
It was the highest monthly average of 2022. Adjusted with CPI-U, the June 2022 average equals $130.59 in September 2026 dollars.
June 2022 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $114.84 | $122.71 |
| Change vs May 2022 | +$5.29 | +$9.37 |
| Change vs June 2021 | +$43.46 | +$49.55 |
| Highest daily price | $121.94 Jun 8, 2022 | $129.20 Jun 8, 2022 |
| Lowest daily price | $105.75 Jun 23, 2022 | $114.50 Jun 23, 2022 |
| Published daily observations | 21 | 21 |
| Average in September 2026 dollars (CPI-U) | $130.59 | $139.54 |
Monthly averages are EIA's published figures. Real figures use CPI-U for June 2022.
Part of the price episode: 2022 price spike
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Jun 1, 2022 – Jun 30, 2022 | Jun 30, 2022 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Jun 1, 2022 – Jun 30, 2022 | Jun 30, 2022 |
| 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:2022 daily prices (CSV)