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U.S. FOB Costs of Crude with API Gravity 30.1 to 35.0 degrees (Dollars per Barrel)
U.S. FOB Costs of Crude with API Gravity 30.1 to 35.0 degrees (Dollars per Barrel)
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
  1983 31.92 30.05 28.80 28.95 29.04 28.69 29.04 28.73 28.68 28.70 28.80 28.73
  1984 28.57 28.86 28.77 28.79 28.92 28.84 28.43 28.28 28.39 28.20 27.85 27.93
  1985 27.83 27.35 27.41 27.15 26.39 26.10 26.18 26.58 26.25 26.39 26.97 23.91
  1986 19.90 14.26 13.08 12.64 11.33 11.35 10.42 10.82 12.64 12.90 13.60 14.64
  1987 15.90 16.95 16.92 17.40 17.41 17.99 18.13 18.05 17.47 17.50 16.50 15.77
  1988 14.82 14.54 14.60 14.84 14.74 14.41 13.57 13.10 12.83 12.13 12.77 13.99
  1989 15.63 16.38 17.88 19.67 18.47 17.02 16.75 16.36 16.81 17.48 17.86 19.23
  1990 18.74 18.12 16.98 14.71 14.81 15.13 18.12 26.11 31.03 31.74 28.02 22.16
  1991 20.56 16.57 16.21 17.15 16.90 16.87 17.62 18.02 18.54 18.87 18.78 16.79
  1992 16.15 16.26 16.69 18.34 19.12 19.71 19.32 18.58 18.56 18.74 17.41 16.76
  1993 16.21 16.98 17.39 16.93 16.49 16.03 15.31 15.03 14.49 14.93 13.92 12.03
  1994 12.19 12.95 13.55 14.43 15.80 16.09 16.64 15.57 15.30 15.12 15.41 14.94
  1995 15.78 16.28 16.87 17.87 17.44 16.35 15.46 15.48 15.55 15.31 16.09 16.08
  1996 17.32 18.38 19.51 19.82 18.88 18.22 18.86 20.11 21.73 22.52 22.02 21.93
  1997 21.89 19.27 17.53 16.90 17.33 16.44 17.06 17.55 17.68 18.14 17.01 15.29
  1998 14.32 12.98 12.32 12.55 12.69 10.66 11.28 11.37 12.78 11.78 10.18 9.03
  1999 10.09 10.47 12.67 14.48 15.08 15.90 18.14 19.62 21.39 21.78 23.62 24.17
  2000 25.61 27.10 25.79 24.40 26.67 28.56 27.90 28.78 29.00 28.30 28.51 24.48
  2001 23.55 23.96 22.39 22.82 23.98 24.47 22.55 23.07 21.44 17.47 16.51 16.66
  2002 17.99 19.49 23.18 24.19 23.92 23.85 25.30 25.98 27.03 25.37 24.42 27.48
  2003 30.05 30.68 28.64 24.41 24.48 27.31 27.23 27.87 24.88 28.68 28.23 28.75
  2004 30.11 30.25 31.24 32.01 34.70 34.36 36.77 40.20 41.87 43.55 38.31 35.04
  2005 37.88 42.34 47.86 46.89 45.66 52.01 55.52 60.10 60.09 56.30 54.64 54.27
  2006 58.83 56.05 58.34 65.71 67.04 66.01 69.65 65.17 57.67 53.62 54.50 56.23
  2007 52.13 55.22 58.96 62.55 64.55 67.23 73.15 72.61 79.09 85.00 88.76 88.33
  2008 87.19 94.91 103.24 111.94 121.62 128.11 120.86 109.18 92.68 68.26 49.85 37.27
  2009 38.06 39.54 47.48 49.72 57.86 66.36 64.73 69.07 68.42 74.10 75.06 73.50
  2010 75.50 73.55 78.33 82.79 74.06 73.21 73.78 74.16 75.20 79.26 83.48 88.90
  2011 93.78 100.82 109.60 117.03 112.17 108.30 111.38 102.85 107.11 105.74 107.65 104.72
  2012 106.29 111.17 115.23 110.13 104.09 91.02 95.93 104.49 105.05 103.58 97.10 99.72
  2013 103.74 103.86 106.22 100.84 99.41 99.26 104.84 106.18 106.20 98.17 94.09 94.82
  2014 98.22 101.40 101.97 101.07 101.36 103.39 102.70 97.30 91.93 82.96 73.47 57.74
  2015 48.26 47.81 49.07 55.26 61.11 58.88 51.62 44.65 44.02 44.34 40.92 35.43
  2016 28.16 28.75 35.21 37.84 45.82 46.85 42.71 42.03 42.79 46.98 44.07 48.54
  2017 50.43 50.86 49.76 49.43 49.71 46.21 45.78 48.82 52.16 52.29 59.46 61.16
  2018 62.44 62.04 61.95 66.67 69.28 69.09 69.06 69.37 72.46 67.46 53.65 49.43
  2019 55.65 59.15 64.17 66.71 65.10 61.36 60.81 58.52 58.19 58.92 60.15 61.29
  2020 56.11 52.21 30.46 20.14 19.57 37.37 39.54 41.32 39.60 38.04 40.31 45.65
  2021 52.06 57.01 61.74 63.65 66.69 69.25 69.70 68.88 72.92 78.29 76.09 72.33
  2022 82.93 94.84 107.97 104.76 110.57 112.60 102.65 94.56 88.07 84.46 83.72 78.25
  2023 75.88 73.60 73.32 78.08 72.19 71.93 77.64 83.48 88.93 86.55 81.02 69.93
  2024 71.64

- = No Data Reported;  -- = Not Applicable;  NA = Not Available;  W = Withheld to avoid disclosure of individual company data.
Release Date: 4/1/2024
Next Release Date: 5/1/2024

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