March 211 International Energy Agency L'Agence internationale de l'énergie 9, rue de la Fédération, 75739 PARIS CEDEX 15 FRANCE prices@iea.org 18 e-mail: prices@iea.org 14 Petroleum products (USD/unit) 16 14 12 1 8 6 4 2 12 1 8 6 4 2 Crude oil import costs (USD/bbl) Mar/8 May/8 Jul/8 Sep/8 Nov/8 Jan/9 Mar/9 May/9 Jul/9 Sep/9 Nov/9 Jan/1 Mar/1 May/1 Jul/1 Sep/1 Nov/1 Jan/11 Mar/11 Gasoline (US$/1L) Domestic Heating Oil (US$/1L) Crude Oil (US$/bbl) Automotive Diesel (US$/1L) 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, 211 7-4-11 INTERNATIONAL ENERGY AGENCY Page 1
March 211 End-use prices for petroleum products * 2.5 Gasoline 2.5 Diesel 2 2 USD/litre 1.5 Automotive 1 diesel 2 (Tax per Litre) USD/litre 1.5 1.5.5 Mar8 Jun8 Sep8 Dec8 Mar9 Jun9 Sep9 Dec9 Mar1 Jun1 Sep1 Dec1 Mar8 Jun8 Sep8 Dec8 Mar9 Jun9 Sep9 Dec9 Mar1 Jun1 Sep1 Dec1 18 Domestic heating oil 14 Fuel oil for industry USD/1 litres 16 14 12 1 8 USD/tonne 12 1 8 6 6 4 4 2 2 Mar8 Jun8 Sep8 Dec8 Mar9 Jun9 Sep9 Dec9 Mar1 Jun1 Sep1 Dec1 Mar8 Jun8 Sep8 Dec8 Mar9 Jun9 Sep9 Dec9 Mar1 Jun1 Sep1 Dec1 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, 211 7-4-11 INTERNATIONAL ENERGY AGENCY Page 2
March 211 Average end-use prices * NATIONAL CURRENCY * US DOLLARS Total % change from Ex-Tax % change from Total % change from Ex-Tax % change from Price Feb-11 Mar-1 Price Feb-11 Mar-1 Price Feb-11 Mar-1 Price Feb-11 Mar-1 Gasoline 1 (Price per litre) France 1.56 2.7 11.6.648 5.2 24.1 2.92 4.4 14.3.9 7. 27.1 Germany 1.587 8.3 13.8.679 17.9 31.3 2.25 1.2 16.5.943 19.9 34.5 Italy 1.526 3.1 12.1.78 5.8 24.2 2.12 4.9 14.8.984 7.7 27.2 Spain 1.322 2.9 15.2.677 4.8 22.4 1.837 4.7 17.9.941 6.6 25.3 UK 1.324 2.6 14.9.515 6. 23.2 2.154 3.4 24.2.838 6.9 33.1 Japan 147. 6.5 13.1 84.2 11.4 23.8 1.792 7.1 25. 1.26 12. 36.9 Canada 1.238 6.9 2.3.87 9.6 23.4 1.272 8.5 26.5.894 11.2 29.7 USA.941 11. 28.6.833 12.6 33.1.941 11. 28.6.833 12.6 33.1 Automotive diesel for commercial use 2 (Price per litre) France 1.138 4.1 21.7.71 6.9 38.3 1.581 5.9 24.6.974 8.7 41.6 Germany 1.19 3.6 2..72 6. 37.9 1.653 5.4 22.8 1. 7.9 41.2 Italy 1.187 4.7 19.5.764 7.5 34. 1.649 6.5 22.4 1.61 9.3 37.2 Spain 1.94 3.5 22.9.748 5.2 36. 1.52 5.3 25.9 1.39 7. 39.2 UK 1.155 3.3 17..567 7.4 33.4 1.879 4.2 26.4.922 8.3 44.1 Japan 126.9 6.7 15.4 88.3 9.4 22.3 1.547 7.4 27.5 1.76 1.1 35.2 Canada 1.263 5.9 29.3.972 7.4 35. 1.298 7.5 35.9.999 9. 41.9 USA 1.32 9. 34..97 1.3 4.6 1.32 9. 34..97 1.3 4.6 Domestic heating oil (Price per 1 litres) France 914.7 5.8 31.9 78.2 6.3 35.4 1 27.8 7.6 35.1 983.9 8.1 38.6 Germany 875.7 7.3 31.5 674.6 8. 35.4 1 216.6 9.2 34.7 937.1 9.9 38.6 Italy 1 37.6 4.2 19.1 739. 6.7 33. 1 94.2 6.1 22. 1 26.6 8.6 36.1 Spain 876.8 6.5 33.5 657.3 7.4 36.9 1 218.1 8.3 36.7 913.2 9.3 4.2 UK 79.3 8.1 32. 562.7 1. 39.4 1 153.7 9. 42.6 915.2 1.9 5.6 Japan 3 9 945 6. 24.2 84 574 6.2 24.9 1 18.3 6.6 37.3 1 3.6 6.8 38.1 Canada 1 198.5 12.7 33.6 1 96.4 13.3 32.7 1 231.8 14.4 4.5 1 126.9 15. 39.5 Low sulphur fuel oil for industry 2 (Price per metric ton) France 529.28 9.6 32.8 51.78 1. 34.4 735.3 11.5 36. 79.6 11.9 37.6 Germany........................ Italy 571.57 1.4 35.6 54.18 11. 38.5 794.1 12.3 38.8 75.5 13. 41.8 Spain 53.2 8.5 23.6 487.67 8.8 24.4 699.1 1.4 26.6 677.5 1.7 27.4 UK........................ Japan........................ Canada........................ 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, 211 7-4-11 INTERNATIONAL ENERGY AGENCY Page 3
March 211 Average end-use prices * Apr1 May1 Jun1 Jul1 Aug1 Sep1 Oct1 Nov1 Dec1 Jan11 Feb11 Gasoline 1 (Price per Litre) France 1.374 1.374 1.351 1.342 1.326 1.324 1.337 1.357 1.41 1.458 1.467 1.56 Germany 1.432 1.418 1.426 1.397 1.386 1.377 1.372 1.41 1.453 1.471 1.465 1.587 Italy 1.39 1.393 1.375 1.374 1.364 1.356 1.351 1.37 1.412 1.457 1.48 1.526 Spain 1.18 1.181 1.166 1.178 1.168 1.167 1.166 1.184 1.232 1.269 1.285 1.322 UK 1.22 1.21 1.181 1.174 1.162 1.148 1.169 1.187 1.214 1.28 1.291 1.324 Japan 132.9 138.9 138. 136. 134. 132.9 132. 132. 132.9 136. 138. 147. Canada 1.42 1.24.994 1.29 1.27 1.27 1.49 1.75 1.19 1.141 1.158 1.238 USA.753.757.72.722.724.714.734.756.783.818.848.941 Automotive diesel for commercial use 2 (Price per litre) France.967.981.968.961.952.954.969.984 1.13 1.7 1.93 1.138 Germany 1.27 1.25 1.33 1.9 1.2 1.3 1.16 1.41 1.81 1.14 1.149 1.19 Italy 1.18 1.36 1.29 1.15 1.1 1.14 1.17 1.35 1.72 1.111 1.134 1.187 Spain.93.941.934.921.919.921.923.944.981 1.19 1.57 1.94 UK 1.33 1.43 1.25 1.2 1.1.999 1.21 1.41 1.68 1.14 1.118 1.155 Japan 112. 118. 116.9 114.9 114. 113. 112. 113. 114. 116. 118.9 126.9 Canada.995 1.1.964.975.987 1. 1.37 1.79 1.114 1.153 1.193 1.263 USA.88.817.78.771.783.777.81.828.852.895.947 1.32 Domestic heating oil (Price per 1 litres) France 722.43 73.48 717.9 78.7 698.75 74.5 73.82 743.3 782.63 822.96 864.83 914.72 Germany 73.47 711.45 73.91 694.14 687.93 694.89 699.91 712.5 748.9 781.89 816.1 875.72 Italy 1 189.55 1 197.1 1 21.16 1 181.56 1 177.84 1 177.76 1 179.13 1 192.24 1 239.97 1 273.43 1 314.84 1 37.63 Spain 695.3 78.99 696.64 711.86 71.72 695.63 75.71 712.1 757.28 79.35 823.49 876.8 UK 557.99 566.38 547.46 537.64 527.38 526.73 553.28 557.83 636.59 646.76 656.15 79.3 Japan 3 74 278 79 667 79 278 78 667 78 112 77 555 77 76 944 77 833 82 85 778 9 945 Canada 92.25 91.5 868. 88.1 883.25 889. 918.4 931.25 959. 1 5.2 1 63.5 1 198.5 USA 787.5 769.5 747.1 739.7 743.4 747.6 775.6 84.1 843.5 92.1 952.9.. Low sulphur fuel oil for industry 3 (Price per metric ton) France 427.83 429.33 416.4 418.15 42.35 41.9 396.21 46.32 431.52 443.96 482.94 529.28 Germany........................ Italy 451.84 454.77 447.43 446.94 449.99 441.68 43.43 441.3 466.28 477.86 517.93 571.57 Spain 422.7 44.1 43.28 434.39 432.69 427.1 422.28 42.41 451.73 442.72 463.81 53.2 UK........................ Japan 7 219 71 323 67 455 65 797 64 37 59 35 61 56 62 666 65 982 7 713 72 371.. Canada........................ USA 527.79 53.87 524.16 519.68 53.3 526.68 535.7 566.39 619.54 643.87.... 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, 211 7-4-11 INTERNATIONAL ENERGY AGENCY Page 4
March 211 Average end-use taxes * Apr1 May1 Jun1 Jul1 Aug1 Sep1 Oct1 Nov1 Dec1 Jan11 Feb11 Gasoline 1 (Tax per litre) France.831.831.827.826.823.823.825.828.836.85.851.858 Germany.884.881.883.878.876.875.874.879.887.89.889.98 Italy.796.796.793.793.791.79.789.792.799.87.811.818 Spain.6.6.598.621.619.619.619.622.629.637.639.645 UK.751.752.748.747.745.743.756.759.763.83.85.89 Japan 62.1 62.4 62.4 62.3 62.2 62.1 62.1 62.1 62.1 62.3 62.4 62.8 Canada.328.327.325.358.358.358.359.36.362.363.364.368 USA.17.17.17.18.18.18.18.18.18.18.18.18 Automotive diesel 2 (Tax per litre) France.428.428.428.428.428.428.428.428.428.437.437.437 Germany.47.47.47.47.47.47.47.47.47.47.47.47 Italy.423.423.423.423.423.423.423.423.423.423.423.423 Spain.34.34.34.34.34.34.34.345.345.346.346.346 UK.572.572.572.572.572.572.582.582.582.59.59.588 Japan 37.9 38.2 38.1 38. 38. 38. 37.9 38. 38. 38.1 38.2 38.6 Canada.259.26.258.277.278.279.28.282.284.286.288.291 USA.125.125.125.125.125.125.125.125.125.125.125.125 Domestic heating oil (Tax per 1 litres) France 174.99 176.31 174.25 172.74 171.11 172.5 176.37 178.37 184.86 191.47 198.33 26.5 Germany 173.67 174.94 173.74 172.18 171.19 172.3 173.1 175.4 18.92 186.19 191.64 21.17 Italy 61.47 62.73 63.4 6.14 599.52 599.5 599.73 61.92 69.87 615.45 622.35 631.65 Spain 181.63 183.56 181.99 193.99 192.54 191.88 193.92 194.84 21.51 26.86 211.74 219.5 UK 136.47 136.87 135.97 135.5 135.1 134.98 138.15 138.36 142.11 144.1 144.55 146.61 Japan 3 5 577 5 834 5 815 5 786 5 76 5 733 5 77 5 74 5 746 5 945 6 125 6 371 Canada 71.96 71.93 7.33 86.91 87.6 87.33 88.73 89.35 9.67 92.87 95.64 12.7 Low sulphur fuel oil for industry 3 (Tax per metric ton) France 18.5 18.5 18.5 18.5 18.5 18.5 18.5 18.5 18.5 18.5 18.5 18.5 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 15.6 15.6 15.6 15.19 15.19 15.19 15.19 15.19 15.75 15.2 15.43 15.53 UK........................ Japan 3 344 3 396 3 212 3 133 3 65 2 826 2 931 2 984 3 142 3 367 3 446.. Canada........................ 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, 211 7-4-11 INTERNATIONAL ENERGY AGENCY Page 5
March 211 Average crude oil import costs (USD/barrel) France Germany Italy Spain UK Japan Canada USA 1991.. 2.36 19.14 18.5 2.6 2.14 2.83 18.23 1992 18.94 19.13 18.3 17.31 19.7 19.3 19.46 17.73 1993 16.5 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 16.3 15.6 1995 17.14 17.7 16.9 16.96 17.29 18.2 17.76 16.74 1996 2.82 2.68 2.53 2.45 21.8 2.55 21.26 2.16 1997 18.99 19.1 18.88 18.34 19.32 2.55 2.59 18.34 1998 12.43 12.48 12.21 11.8 12.64 13.68 13.15 12.2 1999 17.45 17.51 17.1 16.99 18.1 17.38 17.85 17.6 2 28.18 28.9 27.77 27.16 28.45 28.72 29.1 27.54 21 24.13 24.15 23.87 23.32 24.45 25.1 24.87 22.7 22 24.63 24.4 24.34 23.95 24.58 24.96 24.97 23.52 23 28.87 28.44 28.58 28.13 29.13 29.26 29.53 27.66 24 37.61 36.65 36.6 36.3 37.75 36.59 38.13 35.86 25 52.74 52.3 51.33 5.54 53.79 51.57 52.37 48.82 26 63.69 63.29 62.5 6.99 65. 64.3 64.33 59.15 27 72.22 71.6 7.2 68.66 73.8 7.9 7.4 66.77 28 97.63 96.7 96.67 94.86 99.34 1.98 11.41 94.97 29 61.64 61.18 6.69 59.78 62.39 61.29 6.29 58.83 21 79.78 78.49 79.29 77.84 8.6 79.43 79.14 76.2 4Q27 88.2 87.81 86.36 85.74 89.41 84.76 86.45 81.38 1Q28 96.82 96.6 94.75 94.62 98.59 93.46 94.48 89.73 2Q28 12.27 12.25 117.89 117.72 123.3 113.26 116.89 114.21 3Q28 116.3 115.67 115.9 112.67 116.55 126.94 119.85 115.8 4Q28 58.49 56.42 57.91 55.77 57.25 69.72 7.31 57.13 1Q29 44.66 44.24 42.8 42.83 44.57 44.23 42.36 4.38 2Q29 58.94 57.9 56.96 56.97 59.1 55.7 56.27 56.52 3Q29 69.2 68.55 68.42 67.54 69.34 7.84 68.89 66.61 4Q29 75.13 74.69 74.33 74.19 75.5 75.63 74.22 72.78 1Q21 77.21 76.58 76.53 74.89 77.81 77.81 77.4 75.18 2Q21 78.49 76.49 77.64 75.89 78.88 8.94 79.23 75.4 3Q21 77.5 75.61 76.51 75.35 78.46 75.44 76.49 73.46 4Q21 87.1 84.69 85.96 84.71 87.37 83.37 84.39 8.27 Jan-9 42.97 42.79 41.17 41.76 41.78 42.62 39.1 37.24 Feb-9 44.1 43.42 42.2 42.27 44.7 44.84 42.31 38.87 Mar-9 46.74 46.25 45.8 44.53 47.1 45.2 46.48 44.59 Apr-9 52.36 49.42 49.39 5.12 5.99 48.55 48.42 49.23 May-9 57.55 56.81 55.7 55.9 57.34 54.7 54.22 55.63 Jun-9 66.84 67.33 65.96 64.36 67.82 63.26 65.5 64.71 Jul-9 66.47 65.71 64.57 64.24 66.3 7.64 66.61 63.72 Aug-9 71.93 72.47 71.86 69.21 73.6 68.99 7.24 67.92 Sep-9 69.57 67.77 68.78 69.2 69.22 73.15 7.58 68.19 Oct-9 72.55 72.45 71.7 71.68 73.31 7.79 7.8 7.78 Nov-9 77.39 76.81 76.52 75.28 77.83 76.37 75.2 74.46 Dec-9 75.76 74.77 75.44 75.71 75.12 79.3 76.79 73.2 Jan-1 76.98 76.76 76.88 74.65 77.51 78.1 76.56 74.66 Feb-1 74.96 74.3 74.32 73.4 75.64 78.51 76.1 74.16 Mar-1 79. 78.69 78.36 76.24 8.3 77.2 78.39 76.56 Apr-1 83.19 81.52 83. 8.52 85.3 81.49 81.39 79.72 May-1 77.11 73.87 76.65 74.93 76.23 83.3 81.57 74.41 Jun-1 74.61 73.83 73.56 72.26 75.3 77.67 73.44 72.26 Jul-1 75.78 74.2 75.6 74.54 76.79 75.5 75.92 72.91 Aug-1 78.11 76.6 77.31 75.75 79.18 74.75 77.32 74.1 Sep-1 78.58 76.68 77.16 75.9 78.98 76.13 76.6 73.34 Oct-1 83.34 81.11 82.99 8.88 84.3 78.4 8.47 76.15 Nov-1 85.44 83.43 83.96 83.95 86.36 83.23 84.14 79.76 Dec-1 91.16 89.25 9.29 89.5 91.62 87.61 88.4 84.71 Jan-11.. 93.99 96.65 94.52 99.18 93.1 94.6 88.19 OECD/IEA, 211 7-4-11 INTERNATIONAL ENERGY AGENCY Page 6