Oil Prices in November 2022: WTI & Brent Daily Prices and Monthly Average
WTI averaged $84.37 per barrel in November 2022, down $3.18 (3.6%) from October 2022. A year earlier, in November 2021, it averaged $79.15, so the price was higher by $5.22 (6.6%) year over year.
Daily spot prices, November 2022
Chart data table (22 rows)
| Period | WTI | Brent |
|---|---|---|
| Nov 30, 2022 | $80.48 | $85.61 |
| Nov 29, 2022 | $77.96 | $83.22 |
| Nov 28, 2022 | $77.10 | $83.50 |
| Nov 25, 2022 | $76.45 | $83.40 |
| Nov 24, 2022 | — | $85.59 |
| Nov 23, 2022 | $77.93 | $85.90 |
| Nov 22, 2022 | $80.83 | $88.65 |
| Nov 21, 2022 | $79.74 | $88.44 |
| Nov 18, 2022 | $80.07 | $88.93 |
| Nov 17, 2022 | $81.69 | $91.00 |
| Nov 16, 2022 | $85.62 | $92.61 |
| Nov 15, 2022 | $86.87 | $94.30 |
| Nov 14, 2022 | $85.85 | $93.59 |
| Nov 11, 2022 | $89.14 | $96.37 |
| Nov 10, 2022 | $86.52 | $94.25 |
| Nov 9, 2022 | $85.79 | $93.05 |
| Nov 8, 2022 | $88.80 | $96.85 |
| Nov 7, 2022 | $91.80 | $99.87 |
| Nov 4, 2022 | $92.58 | $99.53 |
| Nov 3, 2022 | $88.14 | $95.29 |
| Nov 2, 2022 | $90.06 | $96.07 |
| Nov 1, 2022 | $88.36 | $95.12 |
Prices fell over the month, from $88.36 on Nov 1, 2022 to $80.48 on Nov 30, 2022. The largest one-day move was +$4.44 on Nov 4, 2022 (+5.0%).
Brent averaged $91.42; its premium over WTI on matched dates averaged $7.32, with the daily Brent − WTI difference ranging from +$5.13 to +$9.31.
Adjusted with CPI-U, the November 2022 average equals $95.49 in September 2026 dollars.
November 2022 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $84.37 | $91.42 |
| Change vs October 2022 | −$3.18 | −$1.91 |
| Change vs November 2021 | +$5.22 | +$10.37 |
| Highest daily price | $92.58 Nov 4, 2022 | $99.87 Nov 7, 2022 |
| Lowest daily price | $76.45 Nov 25, 2022 | $83.22 Nov 29, 2022 |
| Published daily observations | 21 | 22 |
| Average in September 2026 dollars (CPI-U) | $95.49 | $103.47 |
Monthly averages are EIA's published figures. Real figures use CPI-U for November 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 | Nov 1, 2022 – Nov 30, 2022 | Nov 30, 2022 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Nov 1, 2022 – Nov 30, 2022 | Nov 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)