Oil - Monthly Average Price - Real & Nominal Monthly Average. Real and Nominal. January 1986 to Present.

MineFund’s chart of oil prices is an equally weighted composite of prices for Brent Light Sweet Crude and West Texas Intermediate Crude. The real oil price is deflated by U.S. consumer price inflation (Consumer Price Index-All Urban Consumers, not seasonally adjusted. Annual data: 2012 = 100; Monthly data: January 2012 = 100).

Sources: MineFund Analytics | Energy Information Administration (EIA), US Department of Energy | Bureau of Labor Statistics (BLS), US Department of Labor

Although every care has been taken to ensure that this data is accurate, MineFund cannot accept responsibility for sourcing variances, mistakes, errors or omissions or for any action taken in reliance thereon. Use of this data is governed by MineFund's Terms of Service.