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Texas Crude Oil First Purchase Price (Dollars per Barrel)
Texas Crude Oil First Purchase Price (Dollars per Barrel)
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
  1977 8.19 8.31 8.40 8.68 8.80 8.88
  1978 8.92 9.03 9.11 9.17 9.15 9.27 9.23 9.33 9.49 9.51 9.55 9.77
  1979 9.83 9.98 10.04 10.53 10.74 11.93 13.36 13.72 14.55 15.28 15.35 16.73
  1980 17.44 18.78 19.03 20.29 21.27 21.72 22.80 22.99 23.08 23.84 24.61 26.44
  1981 31.33 39.07 38.34 37.13 36.01 34.67 34.14 33.89 34.13 33.95 34.10 34.26
  1982 34.02 33.26 31.71 30.90 30.99 31.03 31.23 31.06 31.12 32.01 31.92 31.31
  1983 31.11 29.70 29.13 29.12 29.20 29.10 29.06 29.10 29.11 29.09 29.30 29.11
  1984 29.09 29.05 29.08 28.95 29.04 29.04 29.03 29.03 28.93 28.93 28.37 27.88
  1985 26.84 26.34 26.54 26.72 26.90 26.77 26.66 26.70 26.70 26.92 27.10 27.31
  1986 25.78 19.72 14.56 12.68 12.97 13.08 11.46 12.14 13.16 13.18 13.17 13.81
  1987 16.23 16.63 16.64 16.88 17.41 17.98 18.95 19.09 18.19 18.09 17.81 16.69
  1988 15.90 15.75 15.09 16.08 16.39 15.82 14.25 14.19 13.62 12.71 12.38 14.10
  1989 16.07 16.18 17.63 19.01 18.50 18.30 18.28 16.73 17.64 18.35 18.14 18.98
  1990 20.60 20.20 18.50 16.54 16.30 14.88 16.26 24.55 30.81 33.74 30.01 24.83
  1991 22.20 18.29 17.43 18.45 18.78 17.76 18.97 19.15 19.41 20.76 20.03 17.17
  1992 16.51 16.71 16.61 18.06 18.76 20.21 19.61 19.07 19.59 19.44 18.07 17.19
  1993 16.93 17.90 18.14 18.05 17.68 16.79 15.46 15.66 15.03 15.85 14.49 12.33
  1994 12.66 12.50 12.46 14.14 15.88 17.09 17.56 16.13 15.29 15.58 15.90 15.03
  1995 15.92 16.58 16.44 17.73 17.56 16.41 15.24 15.92 16.18 15.43 16.00 17.19
  1996 17.07 16.98 19.38 21.51 19.43 18.73 19.55 20.26 22.22 23.31 21.97 23.32
  1997 23.48 20.49 18.95 17.88 18.97 17.24 17.58 17.86 17.74 19.25 18.19 16.32
  1998 14.70 13.95 12.80 13.04 12.62 11.24 11.74 11.30 12.59 12.42 10.89 9.20
  1999 10.38 9.98 12.47 15.10 15.79 15.94 17.89 19.26 21.75 20.98 23.19 24.28
  2000 25.27 27.62 28.42 24.51 27.26 29.30 28.53 29.64 31.87 31.23 32.21 26.88
  2001 27.47 27.75 24.54 24.68 25.52 24.56 23.93 24.87 24.26 19.78 18.07 16.93
  2002 17.17 18.22 22.00 23.65 24.66 23.73 24.58 25.96 27.44 26.46 24.66 26.91
  2003 30.31 33.48 31.14 26.67 26.59 28.56 29.41 29.76 26.31 28.17 28.80 30.26
  2004 32.03 32.45 34.36 34.47 37.48 36.10 38.28 42.37 43.24 49.70 45.28 39.86
  2005 43.16 45.22 50.37 49.20 45.22 52.33 55.69 61.51 61.45 58.34 54.69 54.94
  2006 60.59 57.59 56.70 64.39 66.01 66.28 69.37 68.71 60.08 54.90 54.20 56.65
  2007 50.30 55.10 56.92 59.61 58.74 62.00 70.90 69.06 75.84 82.85 91.67 88.33
  2008 90.38 92.53 101.90 110.31 123.17 131.33 131.08 114.22 101.76 75.24 55.49 37.10
  2009 35.86 32.81 42.14 46.77 54.74 66.16 61.13 67.42 65.54 72.54 74.59 71.44
  2010 74.36 73.58 78.39 81.69 71.12 70.36 72.55 73.68 72.63 78.10 80.84 85.73
  2011 86.50 85.64 96.36 105.96 98.13 92.90 94.14 83.40 83.62 84.98 95.72 96.87
  2012 98.09 101.10 105.05 101.65 91.61 79.82 85.13 92.66 94.67 89.38 86.95 86.77
  2013 91.60 91.23 93.62 93.96 94.83 94.40 102.52 104.25 104.11 97.42 88.85 91.82
  2014 90.40 97.40 95.89 95.94 94.73 98.16 96.56 89.39 86.16 78.30 70.46 54.69
  2015 43.43 44.66 42.89 49.82 55.21 56.15 48.15 40.16 42.99 43.55 38.79 32.36
  2016 27.35 26.47 33.01 36.56 42.52 45.35 41.62 41.44 41.55 46.19 42.49 48.76
  2017 49.41 50.45 46.77 47.93 45.37 42.49 43.87 45.37 47.52 49.29 55.42 57.27
  2018 62.87 61.78 61.22 63.84 65.38 60.18 65.14 59.40 59.54 61.44 52.93 46.59
  2019 46.03 50.85 56.80 62.63 58.48 52.78 56.27 53.11 55.05 53.47 55.30 59.01
  2020 57.25 49.88 30.34 14.75 16.92 34.90 38.37 39.98 37.09 36.97 38.77 44.64
  2021 50.41 57.80 61.30 60.36 63.48 69.49 70.78 66.02 69.86 79.79 77.43 71.32
  2022 81.84 91.05 108.88 104.22 109.37 115.09 101.58 94.52 84.88 87.18 85.00 76.41
  2023 76.53 75.11 72.85 78.12 70.62 68.96 74.85 80.52 89.04 85.44 77.89 71.26
  2024 72.95 76.02 80.23 84.38 78.76 78.14 79.88 75.59 69.57 71.24

- = No Data Reported;  -- = Not Applicable;  NA = Not Available;  W = Withheld to avoid disclosure of individual company data.
Release Date: 1/2/2025
Next Release Date: 2/3/2025

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