U.S. Energy Information Administration - EIA - Independent Statistics and Analysis
Petroleum & Other Liquids
Petroleum Marketing Monthly
Data for February 2016 | Release Date: May 2, 2016 | Next Release: June 1, 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
- The downward trend for monthly average crude oil prices continued in most categories of sales during February. The average domestic crude oil first purchase price fell $1.51 (5.6%), to $25.51 per barrel.
- The average free-on-board (f.o.b.) cost of imported crude oil rose 75 cents (3.2%) to $24.28 per barrel. The average landed cost of foreign crude oil declined 84 cents (3.1%), to $25.95 per barrel.
- The average refiner acquisition cost for domestic crude oil fell $1.83 (5.7%), to $30.34 per barrel. The average cost of imported crude oil declined 81 cents (2.9%), to $26.67 per barrel. The composite refiner acquisition cost for crude oil decreased $1.42 (4.7%), to $28.57 per barrel.
- Monthly average prices for sales of motor gasoline by refiners fell in all sales categories in February. The average retail price declined 17.3 cents to $1.332 per gallon, while the average wholesale price decreased 14.1 cents to $1.046 per gallon.
- Refiner sales of finished motor gasoline increased in February. Total sales rose 10.4 million gallons per day (3.4%) to an average of 320.1 million gallons per day. Retail sales increased 800,000 gallons per day (3.3%), while wholesales climbed 9.6 million gallons per day (3.4%). DTW sales accounted for 7.9% of wholesales, while rack and bulk sales made up 85.6% and 6.5%, respectively.
No. 2 distillate
- Monthly average prices for refiner sales of No. 2 distillates fell in most categories of sales during February. The average price for No. 2 diesel fuel sold to end users decreased 1.2 cents to $1.186 per gallon, while the average wholesale price increased 2.8 cents to $1.043 per gallon. The average retail price for No. 2 fuel oil declined 4.3 cents to $1.407 per gallon, while the average wholesale price dropped 2.8 cents to 94.8 cents per gallon.
- Refiner sales of No. 2 ultra-low sulfur diesel fuel rose in February. Retail sales increased 300,000 gallons per day (2.5%), while wholesales climbed 3.0 million gallons per day (2.3%).
Residual fuel oil
- Monthly average prices for residual fuel oil sales by refiners continued to fall in February. The wholesale price for low-sulfur residual fuel oil dropped 0.2 cent to 47.5 cents per gallon. Prices for high-sulfur residual fuel oil fell 3.3 cents to 60.8 cents per gallon at retail, while the wholesale price decreased 0.4 cent to 49.8 cents per gallon.
- Overall, sales of residual fuel oil by refiners declined in February. Retail sales were flat, while wholesales fell 100,000 gallons per day (1.1%).
- The direction of prices for refiner sales of the remaining surveyed products varied in February. Propane prices increased at both retail and wholesale, while prices for kerosene-type jet fuel prices declined at both levels. Wholesale prices for aviation gasoline and kerosene decreased, while the price for No. 1 distillate increased at the wholesale level.
- Data for refiner sales of these products show mixed trends in February. Propane sales fell at both the retail and wholesale levels, while sales of kerosene-type jet fuel sales declined at retail but rose at wholesale. While sales of aviation gasoline increased at the wholesale level, sales of kerosene and No. 1 distillate fell in the same category.