Monthly average crude oil prices increased in August. The average domestic crude oil first purchase price increased $0.28 (0.4%) to $80.60 per barrel.
The average free-on-board (f.o.b.) cost of imported crude oil fell $0.17 (0.2%) to $73.17 per barrel. The average landed cost of foreign crude oil increased $0.92 (1.2%) to $79.23 per barrel.
The average refiner acquisition cost for domestic crude oil decreased $0.47 (0.6%) to $84.46 per barrel, while the average cost of imported crude oil rose $0.63 (0.8%) to $81.87 per barrel. The composite refiner acquisition cost for crude oil decreased $0.09 (0.1%) to $83.56 per barrel.