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U.S. FOB Costs of Crude with API Gravity 40.1 to 45.0 degrees (Dollars per Barrel)
U.S. FOB Costs of Crude with API Gravity 40.1 to 45.0 degrees (Dollars per Barrel)
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
  1983 32.29 31.66 29.90 29.19 29.61 29.88 30.23 30.49 30.21 30.35 29.55 29.73
  1984 29.41 29.63 30.07 29.91 29.95 29.47 29.44 29.25 28.83 28.47 28.19 27.75
  1985 27.95 25.84 28.01 27.60 28.00 27.98 27.88 27.55 28.12 W 28.21 29.19
  1986 25.20 W W 13.63 12.68 11.26 11.51 10.47 13.28 W 13.59 W
  1987 W W 17.61 18.36 18.08 18.42 18.26 18.18 17.82 18.29 18.10 17.69
  1988 16.93 16.23 15.51 16.20 16.65 15.21 14.98 15.23 13.51 12.47 12.82 14.09
  1989 16.37 16.87 18.38 19.32 18.66 18.87 18.55 17.18 17.46 18.80 18.82 19.37
  1990 19.95 19.95 18.23 17.82 17.04 16.08 18.38 25.86 33.80 40.10 W W
  1991 23.03 19.08 18.89 19.27 19.61 18.09 19.23 19.26 W 22.39 21.10 18.32
  1992 18.11 17.82 17.85 19.22 20.32 21.76 20.83 20.02 20.61 20.30 19.82 18.46
  1993 17.57 18.67 19.71 18.92 18.95 W 18.97 W 16.48 16.71 16.21 14.54
  1994 14.85 14.15 14.04 W 15.69 W 16.96 W 16.09 W 17.03 15.87
  1995 15.82 17.12 16.88 17.87 18.51 18.04 W W W W 16.76 17.79
  1996 18.65 19.58 W W 20.09 18.91 20.29 20.29 W W 23.07 24.38
  1997 22.07 21.61 21.01 W 18.71 18.86 - 19.00 19.09 20.67 18.14 17.17
  1998 15.36 14.82 14.02 14.19 14.29 12.72 12.71 12.54 14.20 12.36 11.23 10.03
  1999 11.24 11.04 13.62 16.24 16.27 16.55 18.55 19.61 22.71 22.75 24.59 26.13
  2000 26.90 29.39 28.50 25.38 27.89 30.91 29.50 32.09 32.63 32.19 32.60 27.83
  2001 27.60 27.82 25.19 W 27.63 27.68 25.72 26.69 24.91 21.12 18.97 18.91
  2002 19.65 20.46 24.42 25.71 25.78 24.47 25.97 27.93 29.05 28.09 24.37 28.17
  2003 32.47 34.87 30.26 25.29 28.28 27.69 28.47 29.20 27.08 29.30 29.71 30.75
  2004 32.53 W 34.53 W 40.27 36.05 40.43 W 45.02 51.26 W 39.10
  2005 46.22 45.32 53.61 52.33 49.55 54.92 57.07 65.81 63.56 59.07 55.69 59.75
  2006 62.79 61.05 63.01 71.38 70.35 68.93 73.46 72.10 64.19 58.74 59.94 61.47
  2007 55.48 60.40 64.76 67.65 67.64 73.34 77.86 73.16 79.37 85.43 92.52 95.12
  2008 93.91 96.27 106.52 114.73 128.31 134.93 135.69 114.47 97.28 68.62 52.02 42.00
  2009 42.87 44.26 49.99 53.44 56.76 68.92 66.76 70.66 67.71 74.19 77.27 73.79
  2010 75.08 73.39 81.27 85.58 72.44 75.40 78.98 76.20 79.95 82.89 86.67 92.87
  2011 97.21 108.61 117.32 W 114.99 115.81 118.29 114.50 108.28 112.54 112.61 W
  2012 112.73 W 127.77 119.48 106.19 96.14 101.52 113.24 109.53 111.31 W W
  2013 W W W W W 105.40 109.58 W 113.71 W W W
  2014 102.57 W 103.28 W 110.48 W W 95.08 W W W W
  2015 W W W W W
  2016 W 48.02 47.25 44.74 W 49.07 49.59 51.86
  2017 51.84 52.79 49.92 51.24 45.83 48.92 52.34 56.00 58.11 W W
  2018 66.11 65.11 69.20 71.91 W 75.58 72.74 71.14 W W 66.22 W
  2019 57.38 W W 71.65 68.69 63.80 65.61 W W 59.88 65.89 W
  2020 W W W W W W W W
  2021 W W W W W W W
  2022 W W 108.49 W W W W 106.51 W 95.47 W 93.34
  2023 W W W W W W 86.44 W W 87.90 W

- = No Data Reported;  -- = Not Applicable;  NA = Not Available;  W = Withheld to avoid disclosure of individual company data.
Release Date: 4/1/2024
Next Release Date: 5/1/2024

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