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U.S. FOB Costs of Crude with API Gravity 20.0 degrees or less (Dollars per Barrel)
U.S. FOB Costs of Crude with API Gravity 20.0 degrees or less (Dollars per Barrel)
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
  1983 21.58 21.82 20.04 20.14 19.88 19.47 20.32 21.45 21.83 24.52 24.81 23.76
  1984 24.27 23.71 23.63 23.38 23.28 24.26 24.26 23.86 24.57 24.51 24.48 24.33
  1985 24.32 24.18 24.77 24.50 24.44 24.22 23.06 22.59 22.32 22.39 22.12 22.05
  1986 21.29 13.47 9.45 8.47 9.70 9.36 7.59 9.43 10.13 9.48 10.11 11.50
  1987 12.99 14.10 15.10 15.43 15.54 15.88 16.61 16.76 16.27 15.54 14.91 13.42
  1988 12.00 11.57 11.40 12.35 12.75 12.78 12.22 12.49 11.58 10.20 9.42 11.62
  1989 11.41 11.54 13.21 14.80 14.39 14.79 14.31 13.56 14.18 14.31 14.32 15.81
  1990 14.93 14.98 12.32 10.78 10.24 9.11 11.23 19.06 23.13 21.96 21.30 17.67
  1991 15.27 11.50 11.94 11.82 10.94 10.72 12.17 11.53 11.66 12.78 11.47 10.64
  1992 9.20 9.35 9.51 10.21 11.30 13.09 12.13 12.95 13.53 13.46 12.51 12.58
  1993 11.69 12.19 12.81 12.60 12.22 11.16 10.58 11.48 11.81 11.17 9.61 8.93
  1994 10.54 9.32 9.60 10.68 11.45 11.91 13.01 10.66 11.55 11.66 11.93 12.46
  1995 12.46 12.97 13.46 15.01 15.17 13.75 12.98 12.71 12.85 11.69 12.76 13.86
  1996 13.37 14.23 15.41 15.57 14.81 14.93 15.44 16.18 17.99 18.18 17.80 18.07
  1997 16.99 13.75 13.39 13.11 13.17 13.10 13.50 13.26 13.39 13.13 11.72 9.63
  1998 8.33 7.39 7.50 8.08 7.37 7.22 6.99 6.12 8.12 7.66 4.60 4.55
  1999 4.70 5.67 9.20 10.53 9.61 11.61 13.86 15.57 17.10 16.63 17.91 17.81
  2000 20.78 22.50 20.88 19.59 22.34 23.49 20.88 23.83 23.86 23.71 22.14 17.44
  2001 18.14 17.32 16.79 17.65 18.02 16.94 16.57 18.27 17.22 14.07 10.92 11.68
  2002 12.26 13.84 17.51 18.88 19.41 19.46 20.08 20.87 22.66 20.94 18.45 21.19
  2003 26.08 26.48 21.37 18.98 20.06 21.18 22.87 23.06 20.45 21.83 21.50 23.19
  2004 23.69 23.44 25.18 26.58 29.03 28.44 30.51 31.38 34.77 37.11 29.97 26.81
  2005 30.41 32.28 37.51 36.49 37.36 41.12 44.28 50.13 51.90 43.60 40.45 42.38
  2006 45.02 42.75 48.73 56.96 56.84 55.56 59.08 56.55 47.21 43.41 43.74 44.92
  2007 40.07 45.49 46.57 50.12 51.84 55.70 59.79 57.68 60.76 66.56 74.23 70.73
  2008 74.44 75.97 84.02 90.70 102.11 111.46 118.68 104.05 90.16 56.51 37.74 28.77
  2009 33.98 35.72 40.29 43.87 52.35 61.60 58.83 63.86 63.02 66.24 68.20 67.33
  2010 69.90 68.46 70.68 72.71 64.23 64.96 66.37 67.39 65.87 70.72 73.78 77.56
  2011 79.72 82.98 95.24 103.11 98.57 97.24 98.34 91.28 94.10 96.47 103.22 102.54
  2012 104.81 107.00 108.78 104.88 96.80 84.39 89.31 95.58 96.69 92.81 87.34 86.83
  2013 90.08 98.61 96.46 90.98 92.52 91.64 99.42 100.23 97.19 93.19 86.85 87.76
  2014 86.93 90.67 89.67 92.76 95.39 95.80 90.57 87.37 81.86 72.91 64.88 44.92
  2015 36.12 43.24 41.68 47.47 50.76 51.61 43.79 34.73 34.74 35.75 30.81 25.06
  2016 20.34 22.26 26.73 29.03 35.85 39.85 35.86 36.66 36.61 39.96 37.63 43.28
  2017 44.96 44.33 41.90 42.29 41.78 38.25 39.97 42.21 44.11 46.80 50.59 49.05
  2018 57.20 53.01 53.41 57.58 62.76 61.21 59.86 60.39 58.92 59.90 47.19 42.73
  2019 48.18 53.25 55.51 59.61 59.94 53.79 53.57 48.72 51.78 46.40 49.64 48.69
  2020 44.99 39.82 21.99 11.33 17.20 29.90 32.43 34.78 30.98 31.30 32.37 37.68
  2021 40.45 50.99 55.12 53.63 56.50 60.16 60.15 56.55 60.38 67.74 67.37 60.11
  2022 65.70 81.00 92.40 93.31 99.63 102.32 79.25 73.54 67.63 67.64 58.42 53.90
  2023 52.57 51.90 57.21 61.59 57.21 57.23 63.98 71.32 76.60 69.89 61.87 54.64
  2024 54.90

- = 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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