Energy
branch Crude oil import prices
US dollars per barrel, average unit value, c.i.f.
  2008
Australia 107.83   107.83 
New Zealand 105.80   105.80 
Austria 103.05   103.05 
Canada 101.41   101.41 
Switzerland 101.03   101.03 
Japan 100.98   100.98 
Ireland 100.39   100.39 
United Kingdom 99.34   99.34 
Portugal 98.83   98.83 
Korea 98.11   98.11 
Turkey 98.07   98.07 
Netherlands 97.89   97.89 
Czech Republic 97.71   97.71 
France 97.63   97.63 
Germany 96.70   96.70 
Italy 96.67   96.67 
Denmark 96.48   96.48 
Belgium 96.01   96.01 
Sweden 95.09   95.09 
United States 94.97   94.97 
Spain 94.86   94.86 
Finland 94.79   94.79 
Greece 93.60   93.60 
Norway 80.22   80.22 
Hungary ..    
Source: IEA

Definition

Crude oil import prices come from the Crude Oil Import Register. Information is collected according to type of crude and average prices are obtained by dividing value by volume as recorded by customs administrations for each tariff position. Values are recorded at the time of import and include cost, insurance and freight (c.i.f.) but exclude import duties.

The nominal crude oil spot price from 1985 to 2008 is for Dubai and from 1970 to 1984 for Arabian Light. These nominal spot prices are expressed in US dollars per barrel of oil. The real price was calculated using the deflator for GDP at market prices and rebased with base year 1970 = 100.

For more statistics on economic, environmental and social issues visit online the OECD Factbook 2010.