Monthly price and volume statistics on crude oil and petroleum products at a national, regional
and state level.
Petroleum & Other Liquids
‹ All Petroleum and Other Liquids Reports
Petroleum Marketing Monthly
Data for April 2018 | Release Date: July 2, 2018 | Next Release Date: August 1, 2018 | full report
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Highlights
Figure HL1. Crude oil and petroleum product wholesale prices
figure data
Highlights
Crude oil
- Monthly average crude oil prices increased in April. The average domestic crude oil first purchase price rose $2.82 (4.6 %), to $63.50 per barrel.
- The average free-on-board (f.o.b.) cost of imported crude oil climbed $3.99 (7.5%) to $56.98 per barrel. The average landed cost of foreign crude oil increased $3.16 (5.7%), to $58.66 per barrel.
- ยท The average refiner acquisition cost for domestic crude oil increased $2.99 (4.7%), to $67.02 per barrel. The average cost of imported crude oil rose $4.55 (8.0%), to $61.30 per barrel. The composite refiner acquisition cost for crude oil climbed $3.57 (5.9%), to $64.37 per barrel.
Petroleum products
Motor gasoline
- April monthly average prices for refiner sales of motor gasoline increased from March levels. The average retail price rose 15.8 cents to $2.318 per gallon, while the average wholesale price increased 16.5 cents to $2.054 per gallon.
- Refiner sales of finished motor gasoline rose in April. Total sales increased 400,000 gallons per day (0.1%) to an average of 330.8 million gallons per day. Retail sales fell 200,000 gallons per day (0.8%), while wholesales increased 600,000 gallons per day (0.2%). DTW sales accounted for 7.4% of wholesales, while rack and bulk sales made up 85.2% and 7.4%, respectively.
No. 2 distillate
- Monthly average prices for refiner sales of No. 2 distillates increased in April. The average price for No. 2 diesel fuel sold to end users rose 12.8 cents to $2.204 per gallon, while the average wholesale price climbed 14.7 cents to $2.099 per gallon. The average retail price for No. 2 fuel oil increased 0.2 cent to $2.486 per gallon, while the average wholesale price rose 13.4 cents to $1.982 per gallon.
- Refiner sales of No. 2 ultra-low sulfur diesel increased 6.0 million gallons per day (3.8%) to 164.3 million gallons per day in April. Retail sales rose 200,000 gallons per day (1.7%), while wholesales increased 5.8 million gallons per day (4.0%).
Residual fuel oil
- Monthly average prices for residual fuel oil sales by refiners were on the rise during April. The wholesale price for low-sulfur residual fuel oil rose 8.4 cents to $1.311 per gallon. The price for high-sulfur residual fuel oil climbed 15.8 cents to $1.544 per gallon at retail, while the wholesale price increased 4.7 cents to $1.353 per gallon.
- The volume of refiner residual fuel oil sales fell again in April, dropping to 10.4 million gallons per day. Retail sales declined 500,000 per day (13.9%), while wholesales fell 100,000 gallons per day (1.4%).
Other products
- Refiner prices for most of the remaining surveyed products rose in April. While propane prices fell at the retail and wholesale levels, prices for kerosene-type jet fuel climbed in both sales categories. Prices for No. 1 distillate, aviation gasoline, and kerosene rose at the retail level.
- Refiner sales of propane increased at retail but fell wholesale during April, while kerosene-type jet sales show the opposite trend. No. 1 distillate and kerosene sales declined at wholesale, while sales of aviation gasoline increased in the same category.