Monthly average crude oil prices decreased in August. The average domestic crude oil first purchase price decreased $2.59 (3.9%) to $63.39 per barrel.
The average free-on-board (f.o.b.) cost of imported crude oil fell $2.03 (3.3%) to $59.70 per barrel. The average landed cost of foreign crude oil decreased $3.72 (5.6%) to $62.87 per barrel.
The average refiner acquisition cost for domestic crude oil decreased $2.42 (3.5%) to $67.37 per barrel, while the average cost of imported crude oil fell $2.90 (4.2%) to $65.49 per barrel. The composite refiner acquisition cost for crude oil decreased $2.57 (3.7%) to $66.73 per barrel.