# Crude oil first purchase price

Average price of US crude oil the first time it is bought after it leaves the lease where it was produced, in US dollars per barrel, from U.S. Energy Information Administration surveys of crude oil purchasers.

## Key facts

- Crude oil first purchase price in the United States was 79.79 USD per barrel in July 2026, according to the U.S. Energy Information Administration.
- California had the highest crude oil first purchase price of 23 states in 2025, at 66.25 USD per barrel, and Utah the lowest, at 53.65 USD per barrel. Source: the U.S. Energy Information Administration.
- Published for 25 places, with figures from 1859 to July 2026.
- Figures last updated on 2026-10-18.

- Indicator id: `crude_oil_first_purchase_price`
- Unit: USD per barrel
- Note: A survey price, not an exchange benchmark: it is neither the WTI nor the Brent spot or futures price, which Invokely does not serve because EIA republishes them under third party copyright. Monthly for the United States from 1974; annual for the United States from 1859 and for producing states from 1978. Alaska is published only for the North Slope and other areas, so it has no state value. Nominal dollars, not adjusted for inflation. EIA revises recent months.
- Web page: https://invokely.ai/en/crude-oil-first-purchase-price
- API: https://invokely.ai/api/v1/indicators/crude_oil_first_purchase_price

## Latest figures

| Place | Period | USD per barrel | Source |
|---|---|---:|---|
| United States | 2026-07 | 79.79 | U.S. Energy Information Administration. U.S. crude oil first purchase price, monthly, dollars per barrel (PET.F000000__3.M). https://www.eia.gov/dnav/pet/pet_pri_dfp1_k_m.htm. Retrieved 2026-10-18. |

## Rankings

- [US states](https://invokely.ai/rankings/crude-oil-first-purchase-price/us-states.md) (24 places)