Crude oil first purchase price in United States

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. That is up 20.9% from July 2025.

July 2026, USD per barrel79.79

Change on July 2025+20.9%

Series high128.08July 2008

Series low8.03August 1976

Next release: Sunday, 1 November 2026, estimated by Invokely from past publication dates (low confidence), not announced by the publisher. Release calendar

Crude oil first purchase price in United States, August 1976 to July 2026

USD per barrel. Source: EIA, U.S. crude oil first purchase price, monthly, dollars per barrel (PET.F000000__3.M). Retrieved 2026-10-18, published 2026-10-02.

All 600 values

Period	USD per barrel
2026-07	79.79
2026-06	86.23
2026-05	105.01
2026-04	97.99
2026-03	88.15
2026-02	62.44
2026-01	58.44
2025-12	56.31
2025-11	58.11
2025-10	58.89
2025-09	62.23
2025-08	63.37
2025-07	65.97
2025-06	65.33
2025-05	59.91
2025-04	62.01
2025-03	67.07
2025-02	70.11
2025-01	73.16
2024-12	68.1
2024-11	68.24
2024-10	70.45
2024-09	68.75
2024-08	75
2024-07	79.11
2024-06	77.38
2024-05	78.21
2024-04	83.21
2024-03	79.04
2024-02	75.02
2024-01	72.3
2023-12	71.01
2023-11	77.46
2023-10	84.65
2023-09	87.96
2023-08	79.78
2023-07	74.07
2023-06	68.59
2023-05	70.14
2023-04	77.23
2023-03	72.09
2023-02	74.32
2023-01	75.71
2022-12	76.45
2022-11	84.43
2022-10	86.61
2022-09	84.62
2022-08	93.76
2022-07	100.84
2022-06	113.77
2022-05	108.29
2022-04	103.34
2022-03	107.07
2022-02	89.41
2022-01	80.33
2021-12	70.56
2021-11	76.45
2021-10	78.51
2021-09	69.09
2021-08	65.68
2021-07	70.12
2021-06	68.58
2021-05	62.8
2021-04	59.87
2021-03	60.43
2021-02	56.44
2021-01	49.47
2020-12	43.92
2020-11	38.25
2020-10	36.39
2020-09	36.82
2020-08	39.37
2020-07	37.44
2020-06	33.81
2020-05	18.02
2020-04	15.18
2020-03	31.01
2020-02	49.66
2020-01	56.55
2019-12	58.41
2019-11	54.96
2019-10	53.14
2019-09	55.14
2019-08	53.63
2019-07	56.47
2019-06	54.34
2019-05	59.73
2019-04	63
2019-03	57.46
2019-02	52.6
2019-01	48
2018-12	47.63
2018-11	55.65
2018-10	65.18
2018-09	63.54
2018-08	62.64
2018-07	67
2018-06	62.8
2018-05	66.16
2018-04	63.5
2018-03	60.68
2018-02	61.18
2018-01	62.25
2017-12	56.98
2017-11	55.19
2017-10	49.12
2017-09	47.17
2017-08	44.96
2017-07	43.42
2017-06	42.17
2017-05	45.19
2017-04	47.23
2017-03	46.39
2017-02	49.41
2017-01	48.19
2016-12	47.12
2016-11	41.65
2016-10	45
2016-09	40.55
2016-08	40.46
2016-07	40.71
2016-06	43.96
2016-05	41.02
2016-04	35.59
2016-03	31.87
2016-02	25.52
2016-01	27.02
2015-12	32.26
2015-11	38.19
2015-10	42.34
2015-09	41.6
2015-08	39.98
2015-07	47.7
2015-06	55.88
2015-05	54.38
2015-04	49.3
2015-03	42.66
2015-02	44.35
2015-01	43.06
2014-12	54.86
2014-11	71.07
2014-10	78.84
2014-09	86.87
2014-08	90.72
2014-07	96.7
2014-06	98.68
2014-05	95.74
2014-04	96.49
2014-03	96.17
2014-02	96.86
2014-01	89.57
2013-12	91.85
2013-11	88.7
2013-10	96.18
2013-09	102.32
2013-08	102.96
2013-07	101.41
2013-06	93.82
2013-05	94.75
2013-04	94.41
2013-03	95.54
2013-02	95.01
2013-01	95
2012-12	89.81
2012-11	89.64
2012-10	92.24
2012-09	95.98
2012-08	92.53
2012-07	86.1
2012-06	83.59
2012-05	95.57
2012-04	103.62
2012-03	105.42
2012-02	102.04
2012-01	98.99
2011-12	98.71
2011-11	100.18
2011-10	92.28
2011-09	90.22
2011-08	89
2011-07	97.82
2011-06	97.3
2011-05	102.46
2011-04	108.8
2011-03	99.19
2011-02	86.69
2011-01	85.66
2010-12	83.98
2010-11	79.2
2010-10	76.02
2010-09	71.23
2010-08	72.07
2010-07	71.37
2010-06	70.77
2010-05	70.91
2010-04	78.8
2010-03	75.77
2010-02	72.74
2010-01	72.87
2009-12	70.42
2009-11	71.99
2009-10	69.82
2009-09	65.28
2009-08	65.28
2009-07	60.44
2009-06	63.09
2009-05	52.67
2009-04	45.19
2009-03	42.45
2009-02	34.14
2009-01	35
2008-12	36.8
2008-11	53.67
2008-10	73.18
2008-09	98.5
2008-08	112.83
2008-07	128.08
2008-06	127.47
2008-05	118.55
2008-04	106.64
2008-03	98.44
2008-02	89.41
2008-01	87.06
2007-12	85.28
2007-11	87.16
2007-10	79.32
2007-09	73.27
2007-08	67.77
2007-07	69.23
2007-06	62.35
2007-05	58.9
2007-04	58.2
2007-03	54.95
2007-02	52.94
2007-01	49.32
2006-12	55.03
2006-11	52.42
2006-10	53.26
2006-09	59.37
2006-08	67.21
2006-07	67.71
2006-06	64.65
2006-05	64.4
2006-04	62.52
2006-03	55.64
2006-02	55.69
2006-01	57.85
2005-12	53.24
2005-11	53.2
2005-10	56.99
2005-09	59.64
2005-08	58.9
2005-07	53.35
2005-06	49.83
2005-05	44.03
2005-04	47.26
2005-03	47.56
2005-02	42.19
2005-01	40.18
2004-12	38.22
2004-11	42.85
2004-10	46.14
2004-09	40.56
2004-08	40.1
2004-07	36.54
2004-06	34.53
2004-05	35.73
2004-04	33.2
2004-03	32.86
2004-02	31.21
2004-01	30.35
2003-12	28.53
2003-11	27.21
2003-10	26.53
2003-09	25.23
2003-08	27.94
2003-07	27.52
2003-06	26.84
2003-05	24.95
2003-04	25.45
2003-03	30.1
2003-02	31.85
2003-01	28.42
2002-12	25.29
2002-11	23.38
2002-10	25.29
2002-09	26.08
2002-08	24.76
2002-07	23.51
2002-06	22.59
2002-05	23.51
2002-04	22.52
2002-03	20.28
2002-02	16.93
2002-01	15.89
2001-12	15.54
2001-11	16.4
2001-10	18.73
2001-09	22.37
2001-08	23.08
2001-07	22.82
2001-06	23.43
2001-05	24.06
2001-04	23.39
2001-03	22.98
2001-02	25.27
2001-01	24.64
2000-12	24.46
2000-11	30.36
2000-10	29.65
2000-09	29.72
2000-08	27.91
2000-07	26.81
2000-06	27.62
2000-05	25.58
2000-04	23.2
2000-03	26.19
2000-02	25.48
2000-01	23.53
1999-12	22.55
1999-11	21.35
1999-10	19.71
1999-09	20.03
1999-08	17.58
1999-07	16.12
1999-06	14.39
1999-05	13.92
1999-04	12.82
1999-03	10.76
1999-02	8.6
1999-01	8.57
1998-12	8.03
1998-11	9.64
1998-10	11.32
1998-09	11.29
1998-08	10.2
1998-07	10.44
1998-06	10
1998-05	11.13
1998-04	11.28
1998-03	11.15
1998-02	12.17
1998-01	13.45
1997-12	15.04
1997-11	16.83
1997-10	17.66
1997-09	16.41
1997-08	16.19
1997-07	15.89
1997-06	15.88
1997-05	17.23
1997-04	16.63
1997-03	17.83
1997-02	19.38
1997-01	21.76
1996-12	21.34
1996-11	20.2
1996-10	21.09
1996-09	19.93
1996-08	18.29
1996-07	17.63
1996-06	16.94
1996-05	17.94
1996-04	19.58
1996-03	17.63
1996-02	15.54
1996-01	15.43
1995-12	15.02
1995-11	14.03
1995-10	13.68
1995-09	14.49
1995-08	14.13
1995-07	14.01
1995-06	15.02
1995-05	15.85
1995-04	15.84
1995-03	14.68
1995-02	14.71
1995-01	14
1994-12	13.43
1994-11	14.14
1994-10	13.84
1994-09	13.62
1994-08	14.5
1994-07	15.34
1994-06	14.93
1994-05	14.02
1994-04	12.31
1994-03	10.94
1994-02	10.71
1994-01	10.49
1993-12	12.95
1993-11	15.21
1993-10	16.27
1993-09	13.39
1993-08	13.75
1993-07	13.83
1993-06	15.06
1993-05	16.03
1993-04	16.15
1993-03	15.94
1993-02	15.53
1993-01	14.7
1992-12	14.94
1992-11	16
1992-10	17.16
1992-09	17.2
1992-08	17.07
1992-07	17.8
1992-06	17.96
1992-05	16.38
1992-04	15.36
1992-03	14.12
1992-02	14.04
1992-01	13.99
1991-12	14.68
1991-11	17.12
1991-10	17.72
1991-09	16.71
1991-08	16.6
1991-07	16.36
1991-06	15.58
1991-05	16.44
1991-04	16.16
1991-03	15.13
1991-02	16.28
1991-01	19.6
1990-12	22.63
1990-11	27.53
1990-10	30.86
1990-09	28.46
1990-08	21.87
1990-07	14.03
1990-06	12.79
1990-05	13.82
1990-04	14.52
1990-03	16.57
1990-02	18.16
1990-01	18.49
1989-12	17.01
1989-11	16.3
1989-10	16.25
1989-09	15.58
1989-08	15.01
1989-07	16.32
1989-06	16.42
1989-05	16.76
1989-04	17.04
1989-03	15.65
1989-02	14.24
1989-01	13.8
1988-12	11.99
1988-11	10.31
1988-10	10.62
1988-09	11.63
1988-08	12.22
1988-07	12.38
1988-06	13.59
1988-05	14.12
1988-04	13.92
1988-03	12.96
1988-02	13.43
1988-01	13.64
1987-12	14.27
1987-11	15.46
1987-10	15.95
1987-09	16.25
1987-08	17.06
1987-07	16.88
1987-06	15.95
1987-05	15.29
1987-04	14.95
1987-03	14.54
1987-02	14.51
1987-01	13.79
1986-12	11.73
1986-11	11.05
1986-10	11
1986-09	11.09
1986-08	9.77
1986-07	9.25
1986-06	10.68
1986-05	10.75
1986-04	10.68
1986-03	12.62
1986-02	17.65
1986-01	23.12
1985-12	24.51
1985-11	24.27
1985-10	24.1
1985-09	23.96
1985-08	23.99
1985-07	24.04
1985-06	24.07
1985-05	24.18
1985-04	24.19
1985-03	23.89
1985-02	23.64
1985-01	24.26
1984-12	25.05
1984-11	25.44
1984-10	25.92
1984-09	25.97
1984-08	26.02
1984-07	26.11
1984-06	26.09
1984-05	26
1984-04	25.93
1984-03	26.05
1984-02	26.06
1984-01	25.93
1983-12	25.88
1983-11	26.09
1983-10	26.04
1983-09	26.08
1983-08	26.03
1983-07	25.86
1983-06	25.98
1983-05	26.08
1983-04	25.85
1983-03	26.08
1983-02	26.41
1983-01	27.22
1982-12	28.02
1982-11	28.74
1982-10	28.76
1982-09	27.99
1982-08	27.99
1982-07	28.09
1982-06	28.12
1982-05	27.66
1982-04	27.64
1982-03	28.31
1982-02	29.73
1982-01	30.8
1981-12	30.8
1981-11	30.97
1981-10	30.98
1981-09	31.1
1981-08	31.1
1981-07	31.1
1981-06	31.68
1981-05	32.73
1981-04	33.92
1981-03	34.59
1981-02	34.3
1981-01	28.81
1980-12	25.83
1980-11	23.99
1980-10	23.23
1980-09	22.59
1980-08	22.62
1980-07	22.31
1980-06	21.52
1980-05	21.05
1980-04	20.28
1980-03	19.33
1980-02	18.86
1980-01	17.86
1979-12	17
1979-11	15.52
1979-10	15.06
1979-09	14.57
1979-08	14
1979-07	13.39
1979-06	11.7
1979-05	10.71
1979-04	10.33
1979-03	9.83
1979-02	9.69
1979-01	9.46
1978-12	9.47
1978-11	9.2
1978-10	9.17
1978-09	9.15
1978-08	9.05
1978-07	8.96
1978-06	9.05
1978-05	8.81
1978-04	8.82
1978-03	8.8
1978-02	8.86
1978-01	8.71
1977-12	8.81
1977-11	8.69
1977-10	8.72
1977-09	8.43
1977-08	8.45
1977-07	8.47
1977-06	8.44
1977-05	8.49
1977-04	8.41
1977-03	8.45
1977-02	8.56
1977-01	8.5
1976-12	8.62
1976-11	8.61
1976-10	8.46
1976-09	8.39
1976-08	8.03

Rankings

US states by crude oil first purchase price 24 places

Definition

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.

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.

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How to cite

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.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

U.S. Energy Information Administration. (2026). U.S. crude oil first purchase price, monthly, dollars per barrel (PET.F000000__3.M) (Crude oil first purchase price, United States, 1976-08 to 2026-07) [Data set]. Retrieved October 18, 2026, from https://www.eia.gov/dnav/pet/pet_pri_dfp1_k_m.htm

MLA 9

U.S. crude oil first purchase price, monthly, dollars per barrel (PET.F000000__3.M), Crude oil first purchase price, United States, 1976-08 to 2026-07. U.S. Energy Information Administration, 2 Oct. 2026, https://www.eia.gov/dnav/pet/pet_pri_dfp1_k_m.htm. Invokely, https://invokely.ai/en/crude-oil-first-purchase-price/united-states. Accessed 18 Oct. 2026.

Chicago (author-date)

U.S. Energy Information Administration. 2026. U.S. crude oil first purchase price, monthly, dollars per barrel (PET.F000000__3.M). Crude oil first purchase price, United States, 1976-08 to 2026-07. Dataset. Accessed October 18, 2026. https://www.eia.gov/dnav/pet/pet_pri_dfp1_k_m.htm. Also distributed by Invokely, https://invokely.ai/en/crude-oil-first-purchase-price/united-states.

Harvard

U.S. Energy Information Administration (2026) U.S. crude oil first purchase price, monthly, dollars per barrel (PET.F000000__3.M), Crude oil first purchase price, United States, 1976-08 to 2026-07 [Dataset]. Available at: https://www.eia.gov/dnav/pet/pet_pri_dfp1_k_m.htm, via Invokely: https://invokely.ai/en/crude-oil-first-purchase-price/united-states (Accessed: 18 October 2026).

BibTeX

@misc{energy_crude_oil_first_purchase_2026,
  author = {{U.S. Energy Information Administration}},
  title = {{U.S. crude oil first purchase price, monthly, dollars per barrel (PET.F000000\_\_3.M): Crude oil first purchase price, United States, 1976-08 to 2026-07}},
  year = {2026},
  howpublished = {Data set},
  url = {https://www.eia.gov/dnav/pet/pet_pri_dfp1_k_m.htm},
  urldate = {2026-10-18},
  note = {Accessed via Invokely, https://invokely.ai/en/crude-oil-first-purchase-price/united-states. Publisher attribution: 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.},
}

RIS

TY  - DATA
AU  - U.S. Energy Information Administration
TI  - U.S. crude oil first purchase price, monthly, dollars per barrel (PET.F000000__3.M): Crude oil first purchase price, United States, 1976-08 to 2026-07
PY  - 2026
DA  - 2026/10/02
PB  - U.S. Energy Information Administration
DB  - Invokely
UR  - https://www.eia.gov/dnav/pet/pet_pri_dfp1_k_m.htm
L2  - https://invokely.ai/en/crude-oil-first-purchase-price/united-states
Y2  - 2026/10/18
N1  - Accessed via Invokely, https://invokely.ai/en/crude-oil-first-purchase-price/united-states.
N1  - Publisher attribution: 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.
ER  -

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Questions

What is the crude oil first purchase price in United States?

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. That is up 20.9% from July 2025.

Where does this figure come from?

U.S. Energy Information Administration. U.S. crude oil first purchase price, monthly, dollars per barrel (PET.F000000__3.M). Retrieved by Invokely on 2026-10-18.

What was the highest crude oil first purchase price in United States?

128.08 USD per barrel in July 2008, the highest value since August 1976 in this series.

Related statistics for United States

All statistics for United States | United States in figures