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Note: These data are available in spreadsheet format by clicking the ''Download Series History'' link on the previous page (with drop-down menu bar at top).
View History:
Monthly
Annual
U.S. FOB Costs of Nigeria Crude Oil (Dollars per Barrel)
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
1973
6.00
7.84
9.59
1974
12.66
13.12
13.57
13.27
13.08
13.12
12.05
12.13
11.62
11.78
11.72
11.74
1975
11.57
11.68
11.57
11.53
11.52
11.55
11.48
11.49
11.51
12.33
12.58
12.66
1976
12.83
12.75
13.00
12.99
13.00
12.99
13.09
13.13
13.07
13.26
13.25
13.34
1977
14.10
14.24
14.33
14.52
14.59
14.57
14.55
14.56
14.52
14.48
14.50
14.43
1978
14.20
14.18
14.13
13.91
13.95
13.89
13.92
13.88
13.96
14.08
14.12
14.26
1979
14.97
15.09
15.17
18.31
19.79
22.06
24.45
25.36
25.70
25.40
27.52
29.78
1980
31.67
34.20
35.25
36.03
36.90
36.89
37.69
36.81
36.47
36.69
37.13
36.92
1981
39.88
39.95
39.71
39.60
39.27
38.71
39.09
37.99
35.97
35.49
36.44
36.42
1982
36.01
36.06
35.41
33.81
35.11
34.94
35.10
34.96
34.66
35.14
35.03
33.18
1983
W
31.07
29.57
29.63
29.72
29.58
29.88
30.04
29.59
30.23
30.03
29.61
1984
29.71
30.35
29.81
30.18
29.96
29.84
W
29.02
29.24
28.31
28.32
27.86
1985
27.22
27.41
28.20
27.95
27.81
27.09
27.86
27.83
27.97
28.30
28.67
29.19
1986
26.17
19.83
15.78
14.54
13.58
12.31
10.99
11.44
13.43
13.86
13.88
15.04
1987
17.38
18.07
17.72
18.44
18.68
18.75
18.93
19.58
18.58
18.69
18.49
17.61
1988
17.04
15.80
15.72
16.10
16.06
15.60
15.14
14.93
13.71
13.66
13.74
15.56
1989
16.11
17.15
18.37
19.81
18.60
17.68
17.67
17.25
18.00
18.99
19.11
19.93
1990
21.22
20.41
18.41
16.79
16.50
15.58
17.12
25.65
32.74
37.31
33.56
29.38
1991
24.68
20.48
19.44
19.12
19.35
18.38
19.44
20.20
21.10
22.55
21.63
18.99
1992
18.58
18.28
18.10
19.59
20.47
21.42
20.83
20.33
20.84
20.76
20.00
18.42
1993
17.95
19.06
19.33
19.21
18.90
18.00
17.46
17.42
16.73
17.02
15.80
14.21
1994
15.02
14.00
14.27
15.65
16.77
17.32
18.02
16.69
16.35
17.01
17.13
16.18
1995
17.13
17.43
17.19
18.96
18.66
17.66
15.97
16.48
16.91
16.54
17.28
18.37
1996
18.63
18.53
20.44
21.49
20.13
19.25
19.90
21.13
22.80
24.71
24.43
24.39
1997
23.45
21.53
19.02
17.97
18.99
18.22
19.12
18.98
19.35
20.03
19.11
17.39
1998
15.21
13.77
13.56
13.86
14.13
11.57
11.77
12.23
13.92
12.58
10.64
10.29
1999
10.78
10.50
13.67
16.12
15.46
16.50
18.81
20.69
22.68
22.19
W
W
2000
W
29.07
26.09
24.34
28.85
30.04
28.93
31.06
30.54
30.71
31.92
25.45
2001
26.46
26.82
24.70
W
28.74
27.63
24.98
25.78
24.60
20.14
19.02
19.08
2002
19.63
20.73
24.39
25.66
W
24.39
26.01
27.28
28.56
27.28
24.93
29.98
2003
31.76
33.64
30.82
25.27
27.03
27.79
29.14
30.08
27.28
30.02
29.78
30.60
2004
31.19
32.03
33.79
34.28
38.11
35.63
39.80
43.18
44.82
49.15
43.14
40.22
2005
44.43
48.24
53.76
51.72
49.59
55.81
59.03
65.78
63.73
60.89
56.11
59.33
2006
63.73
60.20
64.05
71.85
70.83
69.96
75.63
72.67
62.74
58.62
61.20
62.24
2007
56.03
58.32
64.88
69.73
71.40
75.67
78.90
73.47
80.12
88.88
94.71
96.18
2008
93.26
98.72
105.81
112.59
Updated on 6/30/2008
Source: U.S. Energy Information Administration
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