Monthly average domestic crude oil prices
Note: Since these are ANNUAL Average prices they will not show the absolute peak price and will differ slightly from the Monthly Averages in our Oil Price Data in Chart Form. The second table presents the monthly average crude oil prices for Illinois Sweet Crude plus their inflation-adjusted prices from 2011-2020. Crude oil. Movements in monthly average crude oil prices show mixed trends in December. The average domestic crude oil first purchase price climbed $3.45 (6.3%) to $58.41 per barrel. The average free-on-board (f.o.b.) cost of imported crude oil dropped 12 cents (0.2%) to $51.23 per barrel. The average landed cost of foreign crude oil fell 93 cents (1.7%) to $53.15 per barrel. Volume-weighted average cif cost, reported in US dollars. Dec/Nov 2019 includes crude oil import costs for France, Germany, Italy, Spain, UK, Japan, Canada and USA. [3] Jan 2020 / Dec 2019 and Feb/Jan 2020 are based on Argus crude spot prices and are the simple average of Dubai, North Sea and WTI . [4]