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In recent years, the price indexes for import and export petroleum shared similar trends. Over the year ended in October 2019, import petroleum prices decreased 14.7 percent, while prices for export petroleum declined 21.0 percent.
Month | Import petroleum | Export petroleum |
---|---|---|
Oct 2015 |
100.0 | 100.0 |
Nov 2015 |
96.0 | 96.8 |
Dec 2015 |
85.9 | 86.3 |
Jan 2016 |
71.2 | 78.1 |
Feb 2016 |
66.1 | 72.3 |
Mar 2016 |
73.2 | 73.1 |
Apr 2016 |
81.0 | 75.9 |
May 2016 |
92.3 | 85.6 |
Jun 2016 |
102.9 | 94.9 |
Jul 2016 |
99.7 | 93.3 |
Aug 2016 |
95.6 | 87.6 |
Sep 2016 |
96.4 | 93.9 |
Oct 2016 |
103.6 | 98.6 |
Nov 2016 |
101.9 | 97.0 |
Dec 2016 |
107.9 | 102.3 |
Jan 2017 |
114.1 | 104.3 |
Feb 2017 |
115.0 | 102.1 |
Mar 2017 |
112.1 | 99.9 |
Apr 2017 |
111.2 | 103.7 |
May 2017 |
110.4 | 99.4 |
Jun 2017 |
106.2 | 99.7 |
Jul 2017 |
105.5 | 101.4 |
Aug 2017 |
110.3 | 107.6 |
Sep 2017 |
117.5 | 115.1 |
Oct 2017 |
118.0 | 111.2 |
Nov 2017 |
129.2 | 118.0 |
Dec 2017 |
132.9 | 117.4 |
Jan 2018 |
136.4 | 120.9 |
Feb 2018 |
134.9 | 120.4 |
Mar 2018 |
131.7 | 118.2 |
Apr 2018 |
137.4 | 121.4 |
May 2018 |
147.6 | 128.0 |
Jun 2018 |
151.8 | 131.2 |
Jul 2018 |
152.6 | 132.3 |
Aug 2018 |
149.4 | 132.6 |
Sep 2018 |
149.4 | 134.8 |
Oct 2018 |
153.8 | 140.6 |
Nov 2018 |
130.8 | 126.1 |
Dec 2018 |
110.8 | 111.9 |
Jan 2019 |
119.4 | 108.2 |
Feb 2019 |
131.5 | 114.4 |
Mar 2019 |
139.9 | 121.2 |
Apr 2019 |
146.3 | 124.3 |
May 2019 |
151.9 | 123.3 |
Jun 2019 |
140.6 | 113.9 |
Jul 2019 |
141.0 | 115.8 |
Aug 2019 |
134.3 | 111.6 |
Sep 2019 |
136.4 | 111.3 |
Oct 2019 |
131.3 | 111.1 |
The petroleum price indexes fell over the 12-month period despite import prices increasing 27.3 percent and export prices rising 14.0 percent from January to May 2019.
These data are from the International Price program. They are not seasonally adjusted. Import and export price changes may be revised in each of the 3 months after original publication. For more information, see “U.S. Import and Export Price Indexes — October 2019.” We also have more charts on import and export price trends.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Import and export petroleum prices down from October 2018 to October 2019 at https://www.bls.gov/opub/ted/2019/import-and-export-petroleum-prices-down-from-october-2018-to-october-2019.htm (visited October 31, 2024).