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 September 2019 | Release Date: December 2, 2019 | Next Release Date: January 2, 2020 | full report
Previous Issues
Highlights
Figure HL1. Crude oil and petroleum product wholesale prices
figure data
Highlights
Crude oil
- September monthly average prices for crude oil increased in all sales categories. The average domestic crude oil first purchase price rose $1.44 (2.7%) to $55.07 per barrel.
- The average free-on-board (f.o.b.) cost of imported crude oil rose 74 cents (1.4%) to $52.62 per barrel. The average landed cost of foreign crude oil increased 12 cents (0.2%) to $54.85 per barrel.
- The average refiner acquisition cost for domestic crude oil increased $1.50 (2.6%) to $59.38 per barrel. The average cost of imported crude oil climbed $1.93 (3.5%) to $57.34 per barrel. The composite refiner acquisition cost for crude oil rose $1.70 (3.0%) to $58.60 per barrel.
Petroleum products
Motor gasoline
- Monthly average prices for refiner motor gasoline sales show mixed trends in September. The average retail price dropped 1.1 cents to $2.241 per gallon, while the average wholesale price rose 3.4 cents to $1.854 per gallon.
- Refiner sales of finished motor gasoline declined in September. Total sales fell 14.2 million gallons per day (4.2%) to an average of 326.5 million gallons per day. Retail sales decreased 1.8 million gallons per day (6.9%), while wholesales declined 12.4 million gallons per day (3.9%). DTW sales accounted for 7.1% of wholesales, while rack and bulk sales made up 88.4% and 4.4%, respectively.
No. 2 distillate
- Refiner prices for No. 2 distillates sales increased during September. The average price for No. 2 diesel fuel sold to end users rose 6.4 cents to $2.101 per gallon, while the average wholesale price increased 9.0 cents to $1.955 per gallon. The average retail price for No. 2 fuel oil rose 4.5 cents to $2.200 per gallon, while the average wholesale price climbed 10.6 cents to $1.901 per gallon.
- Monthly sales of No. 2 ultra-low sulfur diesel by refiners fell 6.3 million gallons per day (3.6%) to 170.1 million gallons per day in September. Retail sales declined 400,000 gallons per day (3.3%), while wholesales decreased 5.9 million gallons per day (3.6%).
Residual fuel oil
- Prices for refiner sales of residual fuel oil increased during September. The average retail price for residual fuel oil rose 9.4 cents to $1.560 per gallon, while the average wholesale price increased 9.0 cents to $1.337 per gallon.
- Refiner residual fuel oil sales dropped to 10.7 million gallons per day in September. Retail sales rose 600,000 gallons per day (23.1%), while wholesales fell 900,000 gallons per day (10.7%).
Other products
- Refiner prices for the other finished products generally rose in September. Prices for propane, kerosene-type jet fuel, and No. 1 distillate show increases in both the retail and wholesale categories. The price for aviation gasoline fell at the wholesale level, while the price for kerosene increased in the same category.
- Propane and No. 1 distillate sales by refiners rose at both the retail and wholesale levels in September. Sales of kerosene-type jet fuel increased at retail but fell at wholesale. Aviation gasoline sales declined at wholesale, while sales of kerosene rose in the same category.