U.S. crude oil prices: annual average domestic first purchase prices 1975-2018

Annual average U.S. domestic first purchase prices for crude oil from 1975 to 2018 (in nominal U.S. dollars per barrel)*

by T. Wang, last edited Apr 23, 2019
U.S. crude oil prices: annual average domestic first purchase prices 1975-2018 The statistic represents the annual average U.S. domestic first purchase price for crude oil from 1975 to 2018. In 2018, the average price for domestic crude oil stood at about 61.4 nominal U.S. dollars per barrel. According to the source, nominal prices reflect the price paid for a product or service at the time of the transaction; these prices have not been adjusted to remove the effect of changes in the purchasing power of the dollar.
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Annual average U.S. domestic first purchase prices for crude oil from 1975 to 2018 (in nominal U.S. dollars per barrel)*

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Prices in nominal U.S. dollars per barrel
201861.41
201748.05
201638.29
201544.39
201487.39
201395.99
201294.52
201195.73
201074.71
200956.35
200894.04
200766.52
200659.69
200550.28
200026.72
199514.62
199020.03
198524.09
198021.59
19757.67
Prices in nominal U.S. dollars per barrel
201861.41
201748.05
201638.29
201544.39
201487.39
201395.99
201294.52
201195.73
201074.71
200956.35
200894.04
200766.52
200659.69
200550.28
200026.72
199514.62
199020.03
198524.09
198021.59
19757.67
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by T. Wang, last edited Apr 23, 2019
The statistic represents the annual average U.S. domestic first purchase price for crude oil from 1975 to 2018. In 2018, the average price for domestic crude oil stood at about 61.4 nominal U.S. dollars per barrel. According to the source, nominal prices reflect the price paid for a product or service at the time of the transaction; these prices have not been adjusted to remove the effect of changes in the purchasing power of the dollar.
Show more
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