U.S. Energy Information Administration - EIA - Independent Statistics and Analysis
Petroleum & Other Liquids
Petroleum Marketing Monthly
Data for July 2014 | Release Date: October 1, 2014 | Next Release: November 3, 2014 | 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
- July monthly average crude oil prices fell in all categories of sale. The average domestic crude oil fi rst purchase price decreased $2.02 (2.0 percent), to $96.68 per barrel.
- The average free-on-board (f.o.b.) cost of imported crude oil declined $1.83 (1.9 percent), to $95.81 per barrel. The average landed cost of foreign crude oil fell $1.75 (1.8 percent), to $97.39 per barrel.
- The average refi ner acquisition cost for domestic crude oil dropped 99 cents (1.0 percent), to $103.19 per barrel. The average cost of imported crude oil declined $1.50 (1.5 percent), to $98.67 per barrel. The composite refi ner acquisition cost for crude oil decreased $1.27 (1.2 percent), to $101.18 per barrel.
- Monthly average prices for refi ner sales of motor gasoline decreased considerably during July. The average retail price fell 14.1 cents to $3.124 per gallon, while the average wholesale price declined 14.4 cents to $2.857 per gallon.
- Overall, sales of fi nished motor gasoline by refi ners increased in July, with total sales rising 3.7 million gallons per day (1.2 percent) to an average of 315.1 million gallons per day. While retail sales remained fl at, wholesales rose 3.7 million gallons per day (1.3 percent). DTW sales accounted for 7.7 percent of wholesales, while rack and bulk sales made up 85.6 percent and 6.7 percent, respectively.
No. 2 distillate
- Monthly average refi ner prices for No. 2 distillates continued on their downward path in July. The average sales price for No. 2 diesel fuel to end users declined 3.9 cents to $3.025 per gallon, while the average wholesale price fell 5.0 cents to $2.923 per gallon. The average price for No. 2 fuel oil sales to end users decreased 6.5 cents to $3.428 per gallon, while the average wholesale price dropped 5.3 cents to $2.825 per gallon.
- Refi ner sales of No. 2 ultra-low sulfur diesel fuel fell 3.7 million gallons per day (2.3 percent) to an average of 154.1 million gallons per day in July. No. 2 fuel oil sales declined 1.0 million gallons per day (19.1 percent) to an average of 4.3 million gallons per day.
Residual fuel oil
- July monthly average prices for refi ner sales of residual fuel oil show mixed trends. Prices for low-sulfur residual fuel oil increased 8.9 cents to $2.977 per gallon at retail, but fell 7.1 cents to $2.287 per gallon at wholesale. Prices for high-sulfur residual fuel oil rose 1.0 cent to $2.324 per gallon at retail, but declined 5.9 cents to $2.188 per gallon at wholesale.
- At 12.3 million gallons per day, refi ner sales of residual fuel oil were fl at in July. Low-sulfur residual fuel oil sales fell 300,000 gallons per day (8.0 percent), while high-sulfur residual fuel oil sales rose 400,000 gallons per day (4.9 percent).
- Prices for the remaining surveyed products were mostly on the decline during July. Propane prices fell modestly at retail, but rose at wholesale, while kerosene-type jet fuel prices declined at both levels. Prices for aviation gasoline, kerosene, and No. 1 distillate decreased at wholesale.
- During July, refi ner sales of propane continued to drop at retail, and increase at wholesale. Kerosene-type jet fuel sales increased at the retail level, but fell at wholesale. Sales of aviation gasoline, kerosene, and No. 1 distillate rose in the wholesale category.