Crude oil - landed cost of U.S. imports from Saudi Arabia 1975-2012

The statistic represents the average landed cost of US crude oil imports from Saudi Arabia between 1975 and 2012. In 2008, this figure stood at 94.75 US dollars** per barrel. Landed costs do not include supplemental fees.

Average landed cost of U.S. crude oil imports from Saudi Arabia between 1975 and 2012*

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Source

Release date

2013

Region

Worldwide

Survey time period

1975 to 2012

Supplementary notes

* According to the source, the landed cost of imported crude oil from selected countries does not repre- sent the total cost of all imported crude. However, beginning in April 1975, coverage was expanded to include U.S. company-owned refineries in the Caribbean. Landed costs do not include supplemental fees.
** Nominal U.S. dollars reflect the buying power in the year in which the transaction occurred; not adjusted to remove the effect of changes in the purchasing power of the dollar.

Annual averages are the averages of the monthly prices, weighted by volume. Geographic coverage is the 50 States, the District of Columbia, Puerto Rico, the Virgin Islands, and all U.S. Territories and Possessions.

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