View History:    Monthly     Annual   
Download Data (XLS File)
U.S. Crude Oil First Purchase Price (Dollars per Barrel)
U.S. Crude Oil First Purchase Price (Dollars per Barrel)
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


- = No Data Reported;  -- = Not Applicable;  NA = Not Available;  W = Withheld to avoid disclosure of individual company data.
Release Date: 3/1/2024
Next Release Date: 4/1/2024

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