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Import and export petroleum prices down from October 2018 to October 2019
November 25, 2019
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.
Import and export petroleum price indexes, October 2015 to October 2019
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.
United States Department of Labor
