U.S. Crude Oil First Purchase Price (Dollars per Barrel)

View History:

Decade	Year-0	Year-1	Year-2	Year-3	Year-4	Year-5	Year-6	Year-7	Year-8	Year-9
1850's										16.00
1860's	9.59	0.49	1.05	3.15	8.06	6.59	3.74	2.41	3.62	5.64
1870's	3.86	4.34	3.64	1.83	1.17	1.35	2.52	2.38	1.17	0.86
1880's	0.94	0.92	0.78	1.10	0.85	0.88	0.71	0.67	0.65	0.77
1890's	0.77	0.56	0.51	0.60	0.72	1.09	0.96	0.68	0.80	1.13
1900's	1.19	0.96	0.80	0.94	0.86	0.62	0.73	0.72	0.72	0.70
1910's	0.61	0.61	0.74	0.95	0.81	0.64	1.10	1.56	1.98	2.01
1920's	3.07	1.73	1.61	1.34	1.43	1.68	1.88	1.30	1.17	1.27
1930's	1.19	0.65	0.87	0.67	1.00	0.97	1.09	1.18	1.13	1.02
1940's	1.02	1.14	1.19	1.20	1.21	1.22	1.41	1.93	2.60	2.54
1950's	2.51	2.53	2.53	2.68	2.78	2.77	2.79	3.09	3.01	2.90
1960's	2.88	2.89	2.90	2.89	2.88	2.86	2.88	2.92	2.94	3.09
1970's	3.18	3.39	3.39	3.89	6.87	7.67	8.19	8.57	9.00	12.64
1980's	21.59	31.77	28.52	26.19	25.88	24.09	12.51	15.40	12.58	15.86
1990's	20.03	16.54	15.99	14.25	13.19	14.62	18.46	17.23	10.87	15.56
2000's	26.72	21.84	22.51	27.56	36.77	50.28	59.69	66.52	94.04	56.35
2010's	74.71	95.73	94.52	95.99	87.39	44.39	38.29	48.05	61.40	55.59
2020's	36.86	65.84	93.97	76.10

- = No Data Reported; -- = Not Applicable; NA = Not Available; W = Withheld to avoid disclosure of individual company data.

Release Date: 12/2/2024

Next Release Date: 1/2/2025

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