U.S. Energy Information Administration - EIA - Independent Statistics and Analysis
Petroleum & Other Liquids
Petroleum Marketing Monthly
Data for May 2016 | Release Date: August 1, 2016 | Next Release: September 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
- Monthly average crude oil prices continued to rise in all categories of sale in May. The average domestic crude oil first purchase price increased $5.43 (15.3%), to $41.02 per barrel.
- The average free-on-board (f.o.b.) cost of imported crude oil climbed $5.80 (17.7%) to $38.54 per barrel. The average landed cost of foreign crude oil rose $5.10 (14.5%), to $40.26 per barrel.
- The average refiner acquisition cost for domestic crude oil increased $5.40 (13.7%), to $44.70 per barrel. The average cost of imported crude oil rose $5.10 (14.2%), to $41.00 per barrel. The composite refiner acquisition cost for crude oil climbed $5.20 (13.8%), to $42.91 per barrel.
- Monthly average prices for sales of motor gasoline by refiners increased in all sales categories during May. The average retail price climbed 14.4 cents to $1.869 per gallon, while the average wholesale price rose 13.7 cents to $1.613 per gallon.
- Refiner sales of finished motor gasoline rose in May. Total sales increased 3.4 million gallons per day (1.0%) to an average of 331.8 million gallons per day. Retail sales rose 100,000 gallons per day (0.4%), while wholesales climbed 3.3 million gallons per day (1.1%). DTW sales accounted for 7.8% of wholesales, while rack and bulk sales made up 85.2% and 7.1%, respectively.
No. 2 distillate
- Monthly average prices for refiner sales of No. 2 distillates increased in May. The average price for No. 2 diesel fuel sold to end users climbed 16.8 cents to $1.554 per gallon, while the average wholesale price increased 18.3 cents to $1.434 per gallon. The average retail price for No. 2 fuel oil rose 10.2 cents to $1.733 per gallon, while the average wholesale price increased 17.8 cents to $1.291 per gallon.
- Refiner sales of No. 2 ultra-low sulfur diesel fuel varied in May. Retail sales rose 400,000 gallons per day (3.4%), while wholesales fell 2.4 million gallons per day (1.8%).
Residual fuel oil
- Average prices for residual fuel oil sold by refiners increased during May. The wholesale price for low-sulfur residual fuel oil rose 9.6 cents to 72.9 cents per gallon. Prices for high-sulfur residual fuel oil climbed 13.4 cents to 86.8 cents per gallon at retail, while the wholesale price rose 11.0 cents to 72.4 cents per gallon.
- Sales of residual fuel oil by refiners rose overall in May. Retail sales fell 300,000 gallons per day (7.1%), while wholesales increased 1.0 million gallons per day (11.1%).
- Monthly average prices for refiner sales of the remaining surveyed products increased in May. Propane and kerosene-type jet fuel prices rose at both retail and wholesale. Prices for aviation gasoline, kerosene, No. 1 distillate, and No. 4 distillate also registered increases at the wholesale level.
- Refiner sales of these products were mixed during May. Sales of kerosene-type jet fuel rose at both retail and wholesale levels. Propane sales fell at retail, but rose at wholesale. Aviation gasoline, No. 1 distillate, and No. 4 distillate sales fell at the wholesale level, while kerosene sales increased in the same category.