End-use petroleum product prices and average crude oil ... - IEA

End-use petroleum product prices and
average crude oil import costs
February 2013
International Energy Agency
9, rue de la Fédération, 75739 PARIS CEDEX 15 FRANCE
prices@iea.org
End-Use Prices for Petroleum Products and
Crude Oil Import Costs*
1800
140
1600
120
1400
Petroleum products (USD/unit)
1200
1000
800
600
400
200
100
80
60
40
20
Crude oil import costs (USD/bbl)
0
0
Feb/10
Apr/10
Jun/10
Aug/10
Oct/10
Dec/10
Feb/11
Apr/11
Jun/11
Aug/11
Oct/11
Dec/11
Feb/12
Apr/12
Jun/12
Aug/12
Oct/12
Dec/12
Feb/13
Gasoline (US$/1000L)
Domestic Heating Oil (US$/1000L)
Crude Oil (US$/bbl)
Automotive Diesel (US$/1000L)
Fuel Oil for Industry (US$/Tonne)
* Weighted average price including taxes using current exchange rates for France, Germany, Italy,
Spain, UK, Japan, Canada and USA.
For the two most recent months, consumption is estimated based on the previous year.
© OECD/IEA, 2013
08-03-13 INTERNATIONAL ENERGY AGENCY Page 1

End-use petroleum product prices and
average crude oil import costs
February 2013
End-use prices for petroleum products *
2.5
Gasoline
2
Diesel
1.8
2
1.6
1.4
USD/litre
1.5
Automotive 1 diesel 2 (Tax per Litre)
USD/litre
1.2
1
0.8
0.6
0.5
0.4
0.2
0
0
Feb10
May10
Aug10
Nov10
Feb11
May11
Aug11
Nov11
Feb12
May12
Aug12
Nov12
Feb13
Feb10
May10
Aug10
Nov10
Feb11
May11
Aug11
Nov11
Feb12
May12
Aug12
Nov12
Feb13
1600
Domestic heating oil
1400
Fuel oil for industry
1400
1200
USD/1000 litres
1200
1000
800
600
USD/tonne
1000
800
600
400
400
200
200
0
0
Feb10
May10
Aug10
Nov10
Feb11
May11
Aug11
Nov11
Feb12
May12
Aug12
Nov12
Feb13
Feb10
May10
Aug10
Nov10
Feb11
May11
Aug11
Nov11
Feb12
May12
Aug12
Nov12
Feb13
Japan Europe North America
* Europe includes France, Germany, Italy, Spain and the United Kingdom; North America includes the United States and Canada.
Weighted average price including taxes. For the two most recent months, consumption is estimated based on the previous year.
© OECD/IEA, 2013
08-03-13 INTERNATIONAL ENERGY AGENCY Page 2

End-use petroleum product prices and
average crude oil import costs
February 2013
Average end-use prices *
NATIONAL CURRENCY *
US DOLLARS
Total % change from Ex-Tax % change from Total % change from Ex-Tax % change from
Price Jan-13 Feb-12 Price Jan-13 Feb-12 Price Jan-13 Feb-12 Price Jan-13 Feb-12
Gasoline 1 (Price per litre)
France 1.580 1.7 -0.3 0.708 3.1 -0.4 2.108 2.0 0.5 0.945 3.4 0.4
Germany 1.633 1.9 -0.1 0.717 3.8 -0.1 2.178 2.3 0.7 0.957 4.1 0.6
Italy 1.775 1.4 1.7 0.739 2.8 0.1 2.368 1.7 2.5 0.986 3.1 0.9
Spain 1.451 2.4 3.3 0.735 4.0 -1.3 1.936 2.7 4.1 0.981 4.3 -0.6
UK 1.348 1.8 -0.3 0.543 3.8 -0.7 2.085 -1.4 -2.2 0.840 0.6 -2.6
Japan 154.1 2.5 7.5 91.0 4.2 12.8 1.656 -1.9 -9.2 0.978 -0.3 -4.8
Canada 1.297 7.5 2.0 0.898 10.6 1.6 1.284 5.6 0.7 0.889 8.6 0.2
USA 0.970 10.6 2.5 0.859 12.1 2.8 0.970 10.6 2.5 0.859 12.1 2.8
Automotive diesel for commercial use 2 (Price per litre)
France 1.160 1.0 -2.3 0.720 0.6 -3.6 1.547 1.3 -1.5 0.961 0.9 -2.9
Germany 1.228 0.1 -2.3 0.758 0.1 -3.7 1.638 0.4 -1.5 1.011 0.5 -2.9
Italy 1.395 -0.3 -0.6 0.778 - 0.5 -4.0 1.861 0.0 0.2 1.038 -0.2 -3.2
Spain 1.139 0.5 -0.8 0.770 0.8 -3.5 1.519 0.9 -0.0 1.027 1.1 -2.7
UK 1.181 1.1 -1.0 0.601 2.2 -2.0 1.827 -2.1 -2.9 0.930 -1.0 -3.8
Japan 133.5 2.8 7.1 94.6 3.8 9.9 1.435 -1.7 -9.6 1.016 -0.7 -7.3
Canada 1.332 4.8 2.7 1.017 6.2 2.9 1.319 2.9 1.3 1.007 4.2 1.5
USA 1.086 5.1 4.0 0.958 5.9 4.5 1.086 5.1 4.0 0.958 5.9 4.5
Domestic heating oil (Price per 1000 litres)
France 967.2 0.3 -3.8 752.1 0.3 -4.1 1 290.3 0.6 -3.1 1 003.4 0.6 -3.4
Germany 901.2 0.2 -4.7 695.9 0.2 -5.1 1 202.2 0.5 -3.9 928.4 0.6 -4.3
Italy 1 443.6 0.1 -1.4 789.8 0.1 -2.1 1 925.8 0.4 -0.6 1 053.7 0.5 -1.3
Spain 944.9 0.3 -0.6 693.7 0.3 -3.5 1 260.5 0.6 0.2 925.5 0.6 -2.8
UK 715.4 2.6 -2.3 569.9 3.2 -2.8 1 106.6 -0.6 -4.2 881.6 -0.1 -4.6
Japan 3 101 055 3.1 13.2 94 203 3.2 13.5 1 085.8 -1.4 -4.5 1 012.2 -1.3 -4.2
Canada 1 250.5 4.4 3.8 1 130.0 4.7 3.7 1 238.1 2.5 2.4 1 118.8 2.8 2.3
USA .. .. .. .. .. .. .. .. .. .. .. ..
Low sulphur fuel oil for industry 2 (Price per metric ton)
France 580.12 2.3 -6.9 561.62 2.4 -7.1 773.9 2.6 -6.2 749.2 2.7 -6.4
Germany .. .. .. .. .. .. .. .. .. .. .. ..
Italy 617.15 2.3 -7.6 585.76 2.4 -8.0 823.3 2.6 -6.9 781.4 2.7 -7.3
Spain 574.86 3.8 -5.4 558.89 3.9 -5.6 766.9 4.2 -4.6 745.6 4.2 -4.8
UK .. .. .. .. .. .. .. .. .. .. .. ..
Japan .. .. .. .. .. .. .. .. .. .. .. ..
Canada .. .. .. .. .. .. .. .. .. .. .. ..
USA .. .. .. .. .. .. .. .. .. .. .. ..
1 Unleaded premium (95 RON) for France, Germany, Italy, Spain, UK; regular unleaded for Canada, Japan and the United States.
2 VAT excluded from prices for automotive diesel and low sulphur fuel oil when refunded to industry.
3 Kerosene for Japan.
* Prices for France, Germany, Italy and Spain are in Euro; UK in British Pounds, Japan in Yen, Canada in Canadian Dollars.
© OECD/IEA, 2013
08-03-13 INTERNATIONAL ENERGY AGENCY Page 3

End-use petroleum product prices and
average crude oil import costs
February 2013
Average end-use prices in national currencies *
Mar12 Apr12 May12 Jun12 Jul12 Aug12 Sep12 Oct12 Nov12 Dec12 Jan13 Feb13
Gasoline 1 (Price per Litre)
France 1.633 1.653 1.582 1.536 1.542 1.616 1.576 1.545 1.493 1.495 1.554 1.580
Germany 1.686 1.709 1.646 1.597 1.629 1.724 1.735 1.656 1.621 1.584 1.602 1.633
Italy 1.805 1.850 1.793 1.757 1.756 1.831 1.871 1.830 1.753 1.740 1.751 1.775
Spain 1.460 1.486 1.417 1.376 1.402 1.484 1.502 1.457 1.372 1.371 1.417 1.451
UK 1.385 1.416 1.372 1.328 1.316 1.352 1.391 1.381 1.351 1.324 1.324 1.348
Japan 152.9 157.3 150.9 143.4 139.5 142.3 148.4 148.1 146.2 147.2 150.3 154.1
Canada 1.309 1.344 1.294 1.260 1.267 1.304 1.317 1.287 1.222 1.188 1.206 1.297
USA 1.018 1.030 0.986 0.935 0.909 0.983 1.017 0.990 0.912 0.875 0.877 0.970
Automotive diesel for commercial use 2 (Price per litre)
France 1.210 1.200 1.171 1.128 1.142 1.200 1.165 1.160 1.145 1.130 1.149 1.160
Germany 1.290 1.270 1.237 1.185 1.223 1.296 1.291 1.274 1.266 1.216 1.227 1.228
Italy 1.427 1.432 1.401 1.366 1.366 1.428 1.458 1.441 1.413 1.400 1.399 1.395
Spain 1.170 1.165 1.145 1.104 1.136 1.187 1.185 1.166 1.118 1.113 1.133 1.139
UK 1.214 1.232 1.195 1.156 1.143 1.170 1.199 1.194 1.182 1.170 1.168 1.181
Japan 132.7 136.3 131.1 125.0 121.2 123.2 127.9 127.5 126.0 127.0 129.9 133.5
Canada 1.301 1.295 1.258 1.195 1.183 1.235 1.262 1.251 1.227 1.255 1.271 1.332
USA 1.090 1.087 1.051 0.993 0.983 1.052 1.088 1.082 1.057 1.046 1.033 1.086
Domestic heating oil (Price per 1000 litres)
France 1011.37 993.71 961.52 907.33 927.80 979.70 983.63 980.92 963.84 950.49 964.32 967.23
Germany 949.30 930.78 909.76 874.40 903.08 945.87 953.71 966.70 953.27 902.41 899.18 901.15
Italy 1 490.22 1 485.44 1 455.01 1 407.53 1 431.09 1 477.43 1 489.10 1 473.39 1 444.80 1 435.39 1 442.32 1 443.58
Spain 970.38 964.39 941.55 892.38 904.20 959.67 1003.49 986.37 962.58 936.88 941.94 944.85
UK 749.09 733.10 691.55 656.31 669.55 716.60 726.22 726.09 703.74 694.61 697.02 715.41
Japan 3 94 000 96 612 95 222 91 723 88 222 87 667 90 000 90 722 90 000 91 500 98 000 101 055
Canada 1 215.51 1 205.60 1 182.01 1 137.75 1 117.60 1 155.50 1 176.01 1 181.20 1 179.50 1 175.80 1 197.76 1 250.51
USA 1 032.60 1 019.20 990.40 928.00 922.50 966.90 1 008.30 1 016.30 1 016.30 1 015.50 1 014.70 ..
Low sulphur fuel oil for industry 3 (Price per metric ton)
France 649.16 643.51 607.06 558.12 581.23 634.79 632.95 585.66 560.05 542.30 567.18 580.12
Germany .. .. .. .. .. .. .. .. .. .. .. ..
Italy 695.93 685.90 650.97 599.11 625.99 667.82 667.42 620.37 597.67 579.67 603.37 617.15
Spain 625.57 644.44 627.71 594.41 572.25 598.89 617.85 607.57 581.75 558.23 553.70 574.86
UK .. .. .. .. .. .. .. .. .. .. .. ..
Japan 88 095 88 725 84 630 79 275 75 810 78 225 80 640 79 958 79 275 .. .. ..
Canada .. .. .. .. .. .. .. .. .. .. .. ..
USA 883.57 895.32 886.65 862.32 818.40 850.57 830.71 830.43 809.73 787.08 .. ..
1 Unleaded premium (95 RON) for France, Germany, Italy, Spain, UK; regular unleaded for Canada, Japan and the United States.
2 VAT excluded from prices for automotive diesel and low sulphur fuel oil when refunded to industry.
3 Kerosene for Japan.
* Prices for France, Germany, Italy and Spain are in Euro; UK in British Pounds, Japan in Yen, Canada in Canadian Dollars.
© OECD/IEA, 2013
08-03-13 INTERNATIONAL ENERGY AGENCY Page 4

End-use petroleum product prices and
average crude oil import costs
February 2013
Average end-use taxes in national currencies *
Mar12 Apr12 May12 Jun12 Jul12 Aug12 Sep12 Oct12 Nov12 Dec12 Jan13 Feb13
Gasoline 1 (Tax per litre)
France 0.881 0.884 0.872 0.865 0.866 0.878 0.841 0.836 0.828 0.834 0.867 0.872
Germany 0.924 0.928 0.918 0.910 0.915 0.930 0.932 0.919 0.914 0.908 0.911 0.916
Italy 1.017 1.025 1.015 1.023 1.029 1.046 1.053 1.046 1.032 1.025 1.032 1.036
Spain 0.672 0.678 0.672 0.672 0.677 0.689 0.724 0.716 0.701 0.694 0.710 0.716
UK 0.811 0.816 0.809 0.801 0.799 0.805 0.812 0.810 0.805 0.801 0.801 0.805
Japan 63.1 63.3 63.0 62.6 62.4 62.6 62.9 62.9 62.8 62.8 63.0 63.1
Canada 0.388 0.390 0.388 0.386 0.386 0.388 0.400 0.398 0.395 0.394 0.394 0.399
USA 0.110 0.110 0.110 0.110 0.111 0.111 0.111 0.111 0.111 0.111 0.111 0.111
Automotive diesel 2 (Tax per litre)
France 0.440 0.440 0.440 0.440 0.440 0.440 0.410 0.410 0.410 0.416 0.433 0.440
Germany 0.470 0.470 0.470 0.470 0.470 0.470 0.470 0.470 0.470 0.470 0.470 0.470
Italy 0.593 0.593 0.593 0.607 0.613 0.617 0.617 0.617 0.617 0.612 0.617 0.617
Spain 0.350 0.352 0.361 0.367 0.368 0.368 0.368 0.368 0.368 0.367 0.369 0.369
UK 0.580 0.580 0.580 0.580 0.580 0.580 0.580 0.580 0.580 0.580 0.580 0.580
Japan 38.9 39.1 38.8 38.5 38.3 38.4 38.7 38.6 38.6 38.6 38.8 38.9
Canada 0.309 0.309 0.307 0.304 0.303 0.306 0.311 0.311 0.309 0.311 0.313 0.315
USA 0.127 0.127 0.127 0.127 0.128 0.128 0.128 0.128 0.128 0.128 0.128 0.128
Domestic heating oil (Tax per 1000 litres)
France 222.34 219.45 214.17 205.29 208.65 217.15 217.80 217.35 214.55 212.37 214.63 215.11
Germany 212.92 209.96 206.61 200.96 205.54 212.37 213.62 215.70 213.55 205.43 204.92 205.23
Italy 661.84 661.01 655.73 647.49 651.58 659.62 661.65 658.92 653.96 652.33 653.53 653.75
Spain 233.85 233.03 229.49 222.08 224.38 232.63 260.59 257.32 253.25 245.10 250.35 251.13
UK 147.07 146.31 144.33 142.65 143.28 145.52 145.98 145.98 144.91 144.48 144.59 145.47
Japan 3 6 516 6 641 6 574 6 408 6 241 6 215 6 326 6 360 6 326 6 397 6 707 6 852
Canada 115.88 115.41 114.29 112.18 111.22 113.02 119.00 119.25 119.17 118.99 118.04 120.55
USA .. .. .. .. .. .. .. .. .. .. .. ..
Low sulphur fuel oil for industry 3 (Tax per metric ton)
France 18.50 18.50 18.50 18.50 18.50 18.50 18.50 18.50 18.50 18.50 18.50 18.50
Germany .. .. .. .. .. .. .. .. .. .. .. ..
Italy 31.39 31.39 31.39 31.39 31.39 31.39 31.39 31.39 31.39 31.39 31.39 31.39
Spain 15.52 15.53 15.61 15.50 15.84 15.77 15.77 15.77 15.88 15.82 15.77 15.97
UK .. .. .. .. .. .. .. .. .. .. .. ..
Japan 4 195 4 225 4 030 3 775 3 610 3 725 3 840 3 808 3 775 .. .. ..
Canada .. .. .. .. .. .. .. .. .. .. .. ..
USA .. .. .. .. .. .. .. .. .. .. .. ..
1 Unleaded premium (95 RON) for France, Germany, Italy, Spain, UK; regular unleaded for Canada, Japan and the United States.
2 VAT excluded from prices for automotive diesel and low sulphur fuel oil when refunded to industry.
3 Kerosene for Japan.
* Taxes for France, Germany, Italy and Spain are in Euro; UK in British Pounds, Japan in Yen, Canada in Canadian Dollars.
© OECD/IEA, 2013
08-03-13 INTERNATIONAL ENERGY AGENCY Page 5

End-use petroleum product prices and
average crude oil import costs
February 2013
Average crude oil import costs (USD/barrel)
0 France Germany Italy Spain UK Japan Canada USA
1993 16.05 16.88 15.87 15.13 16.58 17.47 17.19 15.87
1994 15.76 15.81 15.49 15.24 15.83 16.48 16.30 15.06
1995 17.14 17.07 16.90 16.96 17.29 18.02 17.76 16.74
1996 20.82 20.68 20.53 20.45 21.08 20.55 21.26 20.16
1997 18.99 19.01 18.88 18.34 19.32 20.55 20.59 18.34
1998 12.43 12.48 12.21 11.80 12.64 13.68 13.15 12.02
1999 17.45 17.51 17.10 16.99 18.01 17.38 17.85 17.06
2000 28.18 28.09 27.77 27.16 28.45 28.72 29.10 27.54
2001 24.13 24.15 23.87 23.32 24.45 25.01 24.87 22.07
2002 24.63 24.40 24.34 23.95 24.58 24.96 24.97 23.52
2003 28.87 28.44 28.58 28.13 29.13 29.26 29.53 27.66
2004 37.61 36.65 36.60 36.03 37.75 36.59 38.13 35.86
2005 52.74 52.30 51.33 50.54 53.79 51.57 52.37 48.82
2006 63.69 63.29 62.50 60.99 65.00 64.03 64.33 59.15
2007 72.22 71.60 70.20 68.66 73.80 70.09 70.04 66.77
2008 97.63 96.70 96.67 94.86 99.34 100.98 101.41 94.97
2009 61.64 61.18 60.69 59.78 62.39 61.29 60.29 58.83
2010 79.78 78.49 79.29 77.84 80.60 79.43 79.14 76.02
2011 111.78 110.63 110.23 108.50 113.49 109.30 110.80 102.43
2012 112.01 112.21 112.18 109.48 112.62 114.75 110.61 101.16
4Q2009 75.13 74.69 74.33 74.19 75.50 75.63 74.22 72.78
1Q2010 77.21 76.58 76.53 74.89 77.81 77.81 77.04 75.18
2Q2010 78.49 76.49 77.64 75.89 78.88 80.94 79.23 75.40
3Q2010 77.50 75.61 76.51 75.35 78.46 75.44 76.49 73.46
4Q2010 87.10 84.69 85.96 84.71 87.37 83.37 84.39 80.27
1Q2011 104.39 102.29 102.90 101.32 105.87 98.52 100.31 93.42
2Q2011 117.63 115.41 117.04 114.38 119.46 115.96 118.12 108.95
3Q2011 113.96 114.16 111.80 109.88 114.86 112.22 113.68 102.08
4Q2011 111.38 110.55 109.65 108.06 112.34 111.94 111.79 104.68
1Q2012 118.19 118.47 116.80 116.17 119.79 118.18 117.23 107.37
2Q2012 110.69 109.95 111.12 107.57 110.55 120.35 110.51 103.18
3Q2012 108.41 109.54 109.11 107.21 108.96 106.27 105.50 96.19
4Q2012 111.21 110.96 111.65 107.58 111.46 113.79 109.70 97.52
Dec-10 91.16 89.25 90.29 89.05 91.62 87.61 88.04 84.71
Jan-11 97.10 93.99 95.80 94.52 99.18 93.01 94.06 88.26
Feb-11 103.66 101.33 101.34 99.66 104.85 97.33 97.87 91.35
Mar-11 114.05 113.08 112.03 112.05 114.67 105.46 108.34 100.68
Apr-11 120.56 122.04 120.71 118.04 125.30 114.31 118.52 110.41
May-11 117.52 110.65 115.30 113.27 116.24 119.53 120.44 109.79
Jun-11 115.27 113.47 114.85 111.66 116.14 114.15 114.72 106.79
Jul-11 115.01 116.52 113.55 111.13 117.27 112.93 114.72 105.88
Aug-11 112.29 111.68 110.73 108.70 112.19 113.91 112.77 100.81
Sep-11 114.62 114.14 110.96 109.81 115.04 109.83 113.53 99.40
Oct-11 110.71 109.89 109.72 107.22 112.96 110.74 110.37 102.13
Nov-11 113.10 112.11 110.28 108.88 113.87 109.92 113.47 105.85
Dec-11 110.42 109.55 108.85 107.93 109.95 114.78 111.31 106.11
Jan-12 112.78 111.29 111.24 109.84 112.62 113.53 111.59 104.63
Feb-12 118.00 119.11 116.44 117.10 119.85 117.31 115.80 106.38
Mar-12 125.23 125.57 124.05 122.76 128.14 123.28 124.35 110.70
Apr-12 122.12 122.05 122.06 117.51 122.91 127.04 119.13 108.93
May-12 112.34 111.57 113.27 109.27 113.55 121.74 112.29 104.82
Jun-12 100.09 96.43 100.75 96.93 97.54 110.61 100.82 95.99
Jul-12 101.40 102.46 100.64 100.35 101.35 100.58 97.32 91.18
Aug-12 111.26 112.99 112.14 110.50 111.38 104.94 107.92 96.79
Sep-12 113.51 113.04 114.69 110.84 114.04 113.25 113.65 101.11
Oct-12 112.50 112.40 112.86 108.81 113.17 115.19 110.57 101.72
Nov-12 110.15 110.40 111.19 106.77 110.57 113.60 108.82 97.33
Dec-12 111.06 110.05 110.74 107.14 110.83 112.77 109.61 93.09
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