U.S. Energy Information Administration - EIA - Independent Statistics and Analysis
Petroleum & Other Liquids
Petroleum Marketing Monthly
Data for January 2016 | Release Date: April 1, 2016 | Next Release: May 2, 2016 | full report
Monthly price and volume statistics on crude oil and petroleum products at a national, regional
and state level.
Figure HL1. Crude oil and petroleum product wholesale prices figure data
- Monthly average crude oil prices continued to fall in all sales categories during January. The average domestic crude oil first purchase price declined $5.15 (16.0%), to $27.11 per barrel.
- The average free-on-board (f.o.b.) cost of imported crude oil dropped $4.45 (15.8%) to $23.73 per barrel. The average landed cost of foreign crude oil decreased $4.86 (15.3%), to $26.84 per barrel.
- The average refiner acquisition cost for domestic crude oil fell $5.54 (14.7%), to $32.22 per barrel. The average cost of imported crude oil decreased $5.69 (17.2%), to $27.47 per barrel. The composite refiner acquisition cost for crude oil dropped $5.62 (15.8%), to $30.01 per barrel.
- Monthly average prices for sales of motor gasoline by refiners registered across-the-board decreases again in January. The average retail price dropped 9.9 cents to $1.505 per gallon, while the average wholesale price decreased 16.8 cents to $1.188 per gallon.
- Refiner sales of finished motor gasoline declined in January. Total sales decreased 15.9 million gallons per day (4.9%) to an average of 309.3 million gallons per day. Retail sales fell 900,000 gallons per day (3.6%), while wholesales declined 15.0 million gallons per day (5.0%). DTW sales accounted for 7.8% of wholesales, while rack and bulk sales made up 85.1% and 7.1%, respectively.
No. 2 distillate
- January average prices for refiner sales of No. 2 distillates also decreased in all categories of sales. The average price for No. 2 diesel fuel sold to end users dropped 16.7 cents to $1.198 per gallon, while the average wholesale price fell 16.1 cents to $1.015 per gallon. The average retail price for No. 2 fuel oil decreased 24.5 cents to $1.450 per gallon, while the average wholesale price fell 15.0 cents to 97.6 cents per gallon.
- Overall, refiner sales of No. 2 ultra-low sulfur diesel fuel declined in January. Retail sales increased 400,000 gallons per day (3.5%), while wholesales fell 9.1 million gallons per day (6.6%.
Residual fuel oil
- Monthly average prices for residual fuel oil sales by refiners decreased in January. The wholesale price for low-sulfur residual fuel oil dropped 7.5 cents to 47.7 cents per gallon. Prices for high-sulfur residual fuel oil declined 22.0 cents to 64.1 cents per gallon at retail, while the wholesale price decreased 13.7 cents to 50.2 cents per gallon.
- Sales of residual fuel oil by refiners rose in January. Retail sales increased 100,000 gallons per day (2.5%), while wholesales climbed 400,000 gallons per day (4.5%).
- Prices for refiner sales of the remaining surveyed products fell in January. Propane and kerosene-type jet fuel prices declined at both the retail and wholesale levels, while prices for kerosene, aviation gasoline, and No. 1 distillate decreased at the wholesale.
- Refiner sales of products included in this section were mixed in January. Propane sales rose at both retail and wholesale, while sales of kerosene-type jet fuel sales declined at both levels. While sales of aviation gasoline declined at the wholesale level, kerosene, No. 1 and No. 4 distillates sales increased in the same category.