U.S. Energy Information Administration - EIA - Independent Statistics and Analysis
Petroleum & Other Liquids
Petroleum Marketing Monthly
Data for October 2014 | Release Date: January 2, 2015 | Next Release: February 2, 2015 | 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 categories of sale during October. The average domestic crude oil first purchase price dropped $8.51 (9.7 percent), to $78.83 per barrel.
- The average free-on-board (f.o.b.) cost of imported crude oil fell $6.65 (7.8 percent), to $78.93 per barrel. The average landed cost of foreign crude oil declined $5.48 (6.3 percent), to $82.14 per barrel.
- The average refiner acquisition cost for domestic crude oil decreased $7.90 (8.3 percent), to $86.72 per barrel. The average cost of imported crude oil fell $6.61 (7.4 percent), to $82.77 per barrel. The composite refiner acquisition cost for crude oil declined $7.26 (7.9 percent), to $85.00 per barrel.
- Refiner monthly average prices for sales of motor gasoline tumbled in October. The average retail price declined 26.6 cents to $2.670 per gallon, while the average wholesale price plunged 33.6 cents to $2.333 per gallon.
- Sales of finished motor gasoline by refiners rose in October, with total sales increasing 14.4 million gallons per day (4.7 percent) to an average of 320.7 million gallons per day. Retail sales climbed 6.2 million gallons per day (29.8 percent), while wholesales increased 8.2 million gallons per day (2.9 percent). DTW sales composed 7.9 percent of wholesales, while rack and bulk sales made up 85.4 percent and 6.7 percent, respectively.
No. 2 distillate
- Monthly average prices for sales of No. 2 distillates by refiners also continued to decline in October. The average sales price for No. 2 diesel fuel to end users fell 12.3 cents to $2.802 per gallon, while the average wholesale price decreased 16.2 cents to $2.644 per gallon. The average price for No. 2 fuel oil sales to end users fell 26.2 cents to $3.062 per gallon, while the average wholesale price dropped 19.6 cents to $2.505 per gallon.
- Refiner sales of No. 2 ultra-low sulfur diesel fuel climbed 3.6 million gallons per day (2.2 percent) to an average of 164.8 million gallons per day in October. Total No. 2 fuel oil sales fell, dropping 600,000 gallons per day (9.7 percent) to an average of 5.9 million gallons per day.
Residual fuel oil
- Monthly average prices for sales of residual fuel oil by refiners declined considerable in October. The retail price for low-sulfur residual fuel oil fell 18.3 cents to $2.573 per gallon, while the wholesale price dropped 16.1 cents to 1.939 per gallon. Prices for high-sulfur residual fuel oil decreased 15.6 cents to $2.099 per gallon at retail, while the wholesale price fell 21.0 cents to $1.858 per gallon.
- Refiner sales of residual fuel oil increased in October, with total sales rising 2.7 million gallons per day (23.9 percent) to an average of 14.0 million gallons per day.
- Like other petroleum products, the direction of prices for the remaining surveyed products-propane, kerosene-type jet fuel, aviation gasoline, kerosene, and No.1 distillate-fell firmly in October.
- Refiner sales of propane declined at retail, but rose at wholesale during October. Kerosene-type jet fuel sales fell at both the retail and wholesale levels, while sales of aviation gasoline, kerosene, and No. 1 distillate increased at the wholesale level.