Monthly average crude oil prices decreased in October. The average domestic crude oil first purchase price decreased $3.35 (5.4%) to $58.88 per barrel.
The average free-on-board (f.o.b.) cost of imported crude oil fell $2.91 (5.1%) to $54.27 per barrel. The average landed cost of foreign crude oil decreased $3.99 (6.5%) to $57.32 per barrel.
The average refiner acquisition cost for domestic crude oil decreased $3.06 (4.6%) to $63.10 per barrel, while the average cost of imported crude oil fell $3.99 (6.2%) to $60.60 per barrel. The composite refiner acquisition cost for crude oil decreased $3.37 (5.1%) to $62.28 per barrel.