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2015-02-07 16:35:00

OIL PRICES: CONTINUED TO DECLINE

OIL PRICES: CONTINUED TO DECLINE

Crude oil

  • Monthly average crude oil prices continued to decline during November. The average domestic crude oil first purchase price fell $7.76 (9.8 percent), to $71.07 per barrel.
  • The average free-on-board (f.o.b.) cost of imported crude oil dropped $6.04 (7.9 percent), to $70.80 per barrel. The average landed cost of foreign crude oil declined $7.35 (9.1 percent), to $73.48 per barrel.
  • The average refiner acquisition cost for domestic crude oil fell $9.65 (11.1 percent), to $77.08 per barrel. The average cost of imported crude oil…

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Tags: OIL, PRICES,
Chronicle:
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JOIN THE 3RD ANNUAL POWER WEEK AFRICA VIRTUAL CONFERENCE
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EQUINOR NET LOSS $2 BLN
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2020, October, 30, 13:15:00
EXXON REDUCTION 1,900 PEOPLE
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2020, October, 29, 17:15:00
OIL PRICE: NOT ABOVE $37
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U.S. OIL INVENTORIES UP BY 4.3 MB TO 492.4 MB
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U.S. GDP UP 33%
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