Oil Prices in October 2024: WTI & Brent Daily Prices and Monthly Average
WTI averaged $71.99 per barrel in October 2024, up $1.75 (2.5%) from September 2024. A year earlier, in October 2023, it averaged $85.64, so the price was lower by $13.65 (15.9%) year over year.
Daily spot prices, October 2024
Chart data table (23 rows)
| Period | WTI | Brent |
|---|---|---|
| Oct 31, 2024 | $69.58 | $73.25 |
| Oct 30, 2024 | $68.91 | $73.21 |
| Oct 29, 2024 | $67.48 | $71.09 |
| Oct 28, 2024 | $67.65 | $71.87 |
| Oct 25, 2024 | $72.02 | $75.62 |
| Oct 24, 2024 | $70.58 | $74.27 |
| Oct 23, 2024 | $71.37 | $74.68 |
| Oct 22, 2024 | $72.84 | $75.59 |
| Oct 21, 2024 | $71.16 | $73.29 |
| Oct 18, 2024 | $69.78 | $72.75 |
| Oct 17, 2024 | $71.26 | $74.37 |
| Oct 16, 2024 | $70.97 | $73.65 |
| Oct 15, 2024 | $71.22 | $73.68 |
| Oct 14, 2024 | $76.11 | $78.47 |
| Oct 11, 2024 | $76.11 | $80.27 |
| Oct 10, 2024 | $76.46 | $79.45 |
| Oct 9, 2024 | $73.85 | $77.06 |
| Oct 8, 2024 | $74.26 | $78.19 |
| Oct 7, 2024 | $77.76 | $81.74 |
| Oct 4, 2024 | $74.93 | $79.32 |
| Oct 3, 2024 | $74.33 | $77.57 |
| Oct 2, 2024 | $70.74 | $74.86 |
| Oct 1, 2024 | $70.41 | $75.30 |
Prices peaked at $77.76 on Oct 7, 2024, then fell to $67.48 on Oct 29, 2024 and ended at $69.58. The largest one-day move was −$4.89 on Oct 15, 2024 (−6.4%).
Brent averaged $75.63; its premium over WTI on matched dates averaged $3.47, with the daily Brent − WTI difference ranging from +$2.13 to +$4.89.
October 2024 summary
| Measure | WTI | Brent |
|---|---|---|
| Monthly average | $71.99 | $75.63 |
| Change vs September 2024 | +$1.75 | +$1.61 |
| Change vs October 2023 | −$13.65 | −$14.97 |
| Highest daily price | $77.76 Oct 7, 2024 | $81.74 Oct 7, 2024 |
| Lowest daily price | $67.48 Oct 29, 2024 | $71.09 Oct 29, 2024 |
| Published daily observations | 23 | 23 |
| Average in September 2026 dollars (CPI-U) | $76.84 | $80.73 |
Monthly averages are EIA's published figures. Real figures use CPI-U for October 2024.
Source and methodology
| Provider | Series | Units | Coverage | Latest observation |
|---|---|---|---|---|
| U.S. Energy Information Administration | RWTC — WTI spot price FOB (daily, monthly) | $/bbl | Oct 1, 2024 – Oct 31, 2024 | Oct 31, 2024 |
| U.S. Energy Information Administration | RBRTE — Brent spot price FOB (daily, monthly) | $/bbl | Oct 1, 2024 – Oct 31, 2024 | Oct 31, 2024 |
| 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:2024 daily prices (CSV)