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U.S. FOB Costs of Venezuela Crude Oil (Dollars per Barrel)
U.S. FOB Costs of Venezuela Crude Oil (Dollars per Barrel)
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
  1973 4.18 5.85 6.11
  1974 10.89 10.87 11.12 10.86 11.07 10.37 10.42 10.73 10.46 10.46 10.61 10.90
  1975 10.77 11.07 11.13 11.05 10.92 10.81 10.81 10.79 10.78 11.49 11.58 11.69
  1976 11.13 11.74 11.31 11.21 11.13 11.22 11.23 11.29 11.60 11.45 11.60 11.77
  1977 12.87 13.16 12.84 12.62 12.60 12.51 12.48 12.44 12.59 12.67 12.61 12.53
  1978 12.58 12.61 12.86 12.54 12.09 12.32 12.04 12.26 12.46 12.32 12.40 12.43
  1979 13.43 13.36 13.16 14.76 15.54 16.03 17.39 18.51 18.09 18.97 18.83 20.79
  1980 25.46 25.33 23.02 23.74 23.43 25.31 24.62 24.49 25.02 21.92 26.67 27.17
  1981 32.85 30.37 31.10 29.25 27.75 28.81 28.52 26.67 28.47 27.69 28.52 28.02
  1982 28.23 28.94 21.04 21.65 22.60 21.70 23.14 20.56 23.30 23.20 23.75 26.21
  1983 21.58 21.82 20.04 20.05 19.88 20.80 19.89 21.56 21.83 23.58 23.16 24.17
  1984 24.31 23.98 23.86 23.93 24.07 24.23 24.03 23.91 24.74 24.60 24.43 24.32
  1985 24.32 24.36 24.91 24.57 24.51 24.32 23.13 22.59 22.49 22.84 23.08 22.78
  1986 21.40 12.56 10.45 10.48 10.82 9.54 7.71 9.96 10.16 10.26 10.73 12.68
  1987 13.75 13.93 14.76 15.29 15.65 16.24 16.49 15.70 15.50 15.69 14.47 13.23
  1988 12.37 12.31 12.67 13.44 13.54 13.80 13.18 12.65 12.38 12.93 12.45 13.46
  1989 13.10 14.00 16.62 17.77 16.78 15.42 14.34 15.82 16.02 15.45 15.56 19.32
  1990 16.73 16.01 15.95 15.57 14.60 13.11 16.66 24.33 27.71 26.39 22.96 20.41
  1991 17.04 14.50 14.90 15.38 14.68 13.62 14.85 14.64 15.53 16.44 14.77 12.62
  1992 12.32 12.53 12.45 14.38 15.03 15.33 15.10 15.38 16.21 15.40 13.82 13.38
  1993 12.99 13.68 14.22 14.52 13.89 12.44 11.96 12.56 12.72 11.87 9.97 9.34
  1994 10.93 10.35 11.09 11.81 12.80 13.21 14.28 12.31 12.09 12.90 11.93 12.38
  1995 12.61 13.02 14.23 15.97 15.76 13.80 13.33 13.73 13.30 12.40 13.38 14.70
  1996 14.12 15.22 17.78 17.99 16.35 16.08 16.72 17.35 19.66 20.29 19.62 20.41
  1997 19.29 16.68 15.50 14.81 15.30 14.66 15.02 15.33 15.25 15.81 14.39 12.51
  1998 11.26 10.24 9.70 10.32 9.78 9.16 8.99 8.54 10.52 9.43 6.62 6.51
  1999 6.33 7.06 10.70 12.53 12.26 13.82 15.80 17.55 19.18 18.82 19.84 20.21
  2000 23.36 24.93 23.92 22.73 25.12 26.26 23.29 26.45 26.04 26.63 24.08 20.98
  2001 20.97 20.43 19.12 21.12 20.10 17.95 18.68 19.67 17.11 14.76 11.90 12.80
  2002 13.49 14.84 19.31 20.02 19.90 20.50 21.71 22.67 23.98 21.59 20.18 23.41
  2003 W 28.50 22.83 21.00 21.61 22.98 24.51 24.87 22.76 23.77 23.75 25.71
  2004 25.94 26.70 28.15 31.23 33.18 30.92 32.46 33.93 38.72 39.55 32.23 30.11
  2005 34.35 37.82 42.94 43.01 41.78 47.06 49.28 57.54 62.43 51.19 46.98 48.22
  2006 52.56 50.93 56.29 62.93 61.70 60.87 64.60 60.48 52.02 48.97 48.54 49.13
  2007 44.79 49.80 52.01 56.48 57.47 61.01 66.02 63.79 68.99 74.87 83.61 80.57
  2008 80.49 84.10 89.63 96.71 107.89 119.15 123.18 110.20 92.76 60.35 42.22 32.98
  2009 36.68 38.03 41.78 45.98 54.91 63.16 60.16 65.42 64.18 66.95 69.43 68.32
  2010 70.86 68.83 70.88 72.59 66.37 66.19 67.25 68.27 67.59 72.10 75.03 77.78
  2011 81.25 85.11 97.56 106.56 101.60 100.59 100.62 97.17 95.72 96.93 105.44 105.75
  2012 105.08 110.37 112.76 109.33 101.45 87.64 93.81 99.94 101.00 98.10 93.15 92.99
  2013 97.15 104.06 101.60 95.01 95.48 95.71 100.32 101.12 100.37 95.72 91.79 92.46
  2014 89.69 92.88 92.27 95.26 96.67 98.19 92.45 89.22 83.20 74.19 65.55 45.33
  2015 37.99 45.85 43.51 49.03 51.99 50.34 44.44 35.47 36.23 37.77 31.68 24.91
  2016 20.73 22.57 27.31 29.07 36.65 39.33 35.69 37.56 36.95 40.38 38.39 44.75
  2017 45.94 45.69 42.47 43.71 42.27 39.16 41.72 45.41 49.22 52.51 55.88 58.27
  2018 62.07 55.72 56.84 63.28 66.56 64.82 62.93 63.09 68.94 68.44 53.25 46.46
  2019 48.25 W
  2023 W W W W W W W
  2024 W W W W W W

- = No Data Reported;  -- = Not Applicable;  NA = Not Available;  W = Withheld to avoid disclosure of individual company data.
Release Date: 10/1/2024
Next Release Date: 11/1/2024

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