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Domestic Crude Oil Prices Down 0.9% MoM in June, EIA Reports
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Domestic Crude Oil Prices Down 0.9% MoM in June, EIA Reports
Sep 4, 2024 5:00 PM

05:55 AM EDT, 09/04/2024 (MT Newswires) -- Average domestic crude oil prices fell month-over-month in June by US$0.71, or 0.9%, to US$77.45 per barrel, the U.S. Energy Information Administration said in its Petroleum Marketing Monthly report released Tuesday.

The average free-on-board cost of imported crude oil rose US$0.22, or 0.3% to US$72.11/b. The average landed cost of foreign crude decreased US$0.93, or 1.2% to US$74.55/b, the EIA reported.

The average refiner acquisition cost for domestic crude oil fell US$0.97, or 1.2%, to US$81.27/b, while the average cost of imported crude oil rose US$0.49, or 0.6%, to US$78.83/b, the agency said.

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