January 21 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) Jan/7 Mar/7 May/7 Jul/7 Sep/7 Nov/7 Jan/8 Mar/8 May/8 Jul/8 Sep/8 Nov/8 Jan/9 Mar/9 May/9 Jul/9 Sep/9 Nov/9 Jan/1 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. 1-2-1 INTERNATIONAL ENERGY AGENCY Page 1
January 21 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 Jan7 Apr7 Jul7 Oct7 Jan8 Apr8 Jul8 Oct8 Jan9 Apr9 Jul9 Oct9 Jan1 Jan7 Apr7 Jul7 Oct7 Jan8 Apr8 Jul8 Oct8 Jan9 Apr9 Jul9 Oct9 Jan1 18 Domestic heating oil 14 Fuel oil for industry 16 14 USD/1 litres 12 1 8 6 4 USD/tonne 12 1 8 6 4 2 2 Jan7 Apr7 Jul7 Oct7 Jan8 Apr8 Jul8 Oct8 Jan9 Apr9 Jul9 Oct9 Jan1 Jan7 Apr7 Jul7 Oct7 Jan8 Apr8 Jul8 Oct8 Jan9 Apr9 Jul9 Oct9 Jan1 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. 1-2-1 INTERNATIONAL ENERGY AGENCY Page 2
January 21 Average end-use prices * NATIONAL CURRENCY * US DOLLARS Total % change from Ex-Tax % change from Total % change from Ex-Tax % change from Price Dec-9 Jan-9 Price Dec-9 Jan-9 Price Dec-9 Jan-9 Price Dec-9 Jan-9 Gasoline 1 (Price per litre) France 1.29 2.8 18.7.473 6.8 56.1 1.843.8 28.5.676 4.7 69.1 Germany 1.351 4. 19.8.48 9.8 63.8 1.93 2. 29.7.686 7.7 77.4 Italy 1.39 2.4 17.8.527 5.2 45.6 1.87.4 27.6.753 3.1 57.7 Spain 1.12 3.2 28.1.513 6. 53.6 1.574 1.1 38.8.733 3.9 66.4 UK 1.86.5 25.7.382 1.1 68.3 1.757.2 4.7.618.8 88.4 Japan 126. -.7 19. 64.2-1.4 42.4 1.383-2. 17.9.75-2.7 41. Canada 1.12 4.9 27..692 7. 4.7.971 6.1 49.6.664 8.2 65.7 USA.718 4.1 55.1.612 4.8 71.4.718 4.1 55.1.612 4.8 71.4 Automotive diesel for commercial use 2 (Price per litre) France.91 3.2 1..473 6.3 21. 1.287 1.2 19.2.676 4.2 31. Germany.957 4. 9..487 8.2 19.4 1.367 2. 18.1.696 6.1 29.3 Italy.957 2.7 8.7.534 4.9 18.1 1.367.7 17.8.763 2.8 28. Spain.861 3.5 15.6.521 5.9 2. 1.23 1.4 25.2.744 3.8 3. UK.959.7 11.9.397 1.8 19.2 1.552.5 25.3.642 1.6 33.5 Japan 15.9-3.9 68.3-5.9 1.163-1.3 3..75-1.3 4.9 Canada.992 4.1 8.8.741 5.3 1.9.951 5.3 28.1.711 6.5 3.7 USA.752 3.4 23.9.627 4.2 29.8.752 3.4 23.9.627 4.2 29.8 Domestic heating oil (Price per 1 litres) France 667.2 7.2 14.8 51.26 8.1 16.8 953. 5.1 24.4 716. 6. 26.5 Germany 63.19 5.7 12.9 468.22 6.5 14.8 9.1 3.7 22.3 668.8 4.4 24.4 Italy 1122.58 3.4 9.8 532.27 6.2 18.7 163.5 1.4 19. 76.3 4.1 28.6 Spain 626.38 4.8 16. 454.24 5.9 2.1 894.7 2.7 25.7 648.8 3.8 3.1 UK 56.65 4.2 19.5 374.52 5.5 23.5 819.7 4. 33.7 65.9 5.3 38.3 Japan 3 756.6 2.7 6468.6 2.8 768.8 -.8 1.7 79.8 -.8 1.8 Canada 896.5 3.6 13.7 829.81 3.7 14.4 859.8 4.8 34. 795.8 4.9 34.7 Low sulphur fuel oil for industry 2 (Price per metric ton) France 391.43 5.2 7.6 372.93 5.4 76.8 559.1 3.1 84.8 532.7 3.4 91.5 Germany 343.79-2.2 48.8 318.79-2.4 54.7 491.1-4.2 61.2 455.3-4.3 67.6 Italy 413.96 4.7 53.5 382.57 5.2 6.5 591.3 2.7 66.2 546.5 3.1 73.9 Spain 388.47 2. 37. 373.41 2.1 39.1 554.9 -. 48.4 533.4.1 5.7 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. 1-2-1 INTERNATIONAL ENERGY AGENCY Page 3
January 21 Average end-use prices * Feb9 Mar9 Apr9 May9 Jun9 Jul9 Aug9 Sep9 Oct9 Nov9 Dec9 Jan1 Gasoline 1 (Price per Litre) France 1.137 1.131 1.168 1.2 1.263 1.232 1.267 1.247 1.228 1.268 1.255 1.29 Germany 1.17 1.165 1.225 1.263 1.336 1.284 1.335 1.37 1.292 1.316 1.299 1.351 Italy 1.141 1.162 1.189 1.228 1.296 1.27 1.297 1.276 1.256 1.289 1.278 1.39 Spain.99.97.948.977 1.35 1.49 1.92 1.64 1.45 1.74 1.68 1.12 UK.896.93.942.972 1.12 1.26 1.35 1.61 1.53 1.86 1.81 1.86 Japan 19. 111.9 113.9 117. 121. 125. 126. 128.9 128.9 126.9 126.9 126. Canada.855.878.887.96 1.24.983 1.11.998.968 1.7.965 1.12 USA.58.512.541.599.694.674.691.682.671.72.69.718 Automotive diesel for commercial use 2 (Price per litre) France.815.785.812.811.845.838.864.856.853.879.873.91 Germany.865.83.871.882.96.892.933.916.922.931.92.957 Italy.885.856.871.885.913.97.932.916.912.937.932.957 Spain.746.722.744.75.78.798.831.816.813.836.832.861 UK.874.87.891.898.96.91.96.928.925.954.952.959 Japan 11.9 99.9 99.9 11. 11.9 13.9 15. 17. 17. 15.9 15.9 15.9 Canada.876.817.858.823.881.91.914.918.915.971.953.992 USA.58.544.587.588.663.675.693.699.72.739.727.752 Domestic heating oil (Price per 1 litres) France 571.1 517.75 538.36 533.48 569.65 567.77 596.7 586.17 59.53 621.5 622.37 667.2 Germany 531.43 499.23 531.5 523.87 562.87 556. 591.41 573.6 588.8 65.58 596.1 63.19 Italy 111.7 983.41 11.7 15.18 147.8 144.11 172.2 154.62 155.56 186.6 185.39 1122.58 Spain 526.71 487.6 517.15 52.7 557.24 558.75 585.24 58.42 57.6 61.1 597.68 626.38 UK 411.69 388.37 427.55 417.38 439.23 435.82 459.62 46.65 473.57 482.81 486.18 56.65 Japan 3 68111 64222 63 63444 6455 66278 66945 69 69111 68723 69666 756 Canada 757.5 715.75 758.8 735.75 77.75 773.2 789.25 782.75 796.2 863.25 865.2 896.5 USA 647.5 612.6 621.9 619.2 647. 647.8 676. 674.4 687.6 737. 736.5.. Low sulphur fuel oil for industry 3 (Price per metric ton) France 25.49 248.55 269.9 298.1 34.2 336.19 365.96 358.51 351.59 379.54 372.16 391.43 Germany 232.95 229.15 239.42 256.78 295.3 299.96 321.36 326.85 329.73 351.5 351.67 343.79 Italy 284. 285.63 298.26 322.51 357.19 362.48 382.2 379.28 374.82 399.49 395.21 413.96 Spain 272.19 273.61 285.43 35.68 326.83 341.58 36.4 364.29 363.68 383.29 38.9 388.47 UK........................ Japan 5239 47619 49275 5359 5217 55333 55355 58671 56461 59223 634.. Canada........................ USA 336.76 33.89 328.37 339.28 42.77 416.19 458.99 472.41 48.25 486.4.... 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 1-2-1 INTERNATIONAL ENERGY AGENCY Page 4
January 21 Average end-use taxes * Feb9 Mar9 Apr9 May9 Jun9 Jul9 Aug9 Sep9 Oct9 Nov9 Dec9 Jan1 Gasoline 1 (Tax per litre) France.792.791.797.83.813.88.814.81.87.814.812.817 Germany.842.841.851.857.868.86.868.864.861.865.862.871 Italy.754.758.762.769.78.776.78.777.773.779.777.782 Spain.532.532.538.542.55.581.588.584.581.585.584.589 UK.641.642.665.669.674.676.677.695.699.74.73.74 Japan 61. 61.1 61.2 61.4 61.6 61.8 61.8 61.9 61.9 61.8 61.8 61.8 Canada.38.39.312.316.319.319.32.32.318.32.318.32 USA.16.16.16.16.16.16.16.16.16.16.16.16 Automotive diesel 2 (Tax per litre) France.428.428.428.428.428.428.428.428.428.428.428.428 Germany.47.47.47.47.47.47.47.47.47.47.47.47 Italy.428.428.423.423.423.423.423.423.423.423.423.423 Spain.311.311.311.311.311.34.34.34.34.34.34.34 UK.524.524.542.542.542.542.542.557.562.562.562.562 Japan 37.4 37.3 37.3 37.4 37.4 37.5 37.6 37.7 37.7 37.6 37.6 37.6 Canada.243.24.243.241.244.247.248.248.248.25.249.251 USA.124.124.124.124.124.125.125.125.125.125.125.125 Domestic heating oil (Tax per 1 litres) France 15.19 141.45 144.83 144.3 149.95 149.65 154.39 152.66 153.38 158.38 158.59 165.94 Germany 146.2 141.6 146.21 144.99 151.22 15.12 155.78 152.85 155.36 158.4 156.51 161.97 Italy 571.83 567.11 571.66 57.74 577.72 577.23 581.91 578.98 579.14 584.22 584.11 59.31 Spain 158.89 153.42 157.41 157.63 162.67 162.4 166.7 165.39 164.72 168.67 168.56 172.14 UK 12.3 119.19 124.56 124.8 125.12 124.95 126.9 128.99 13.55 13.99 131.15 132.13 Japan 3 5283 598 54 561 59 5196 5228 5326 5331 5313 5357 5376 Canada 61.7 59.8 6.13 59.4 6.7 6.82 61.58 61.27 61.91 65.11 65.2 66.69 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 25. 25. 25. 25. 25. 25. 25. 25. 25. 25. 25. 25. 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. 15. 15.4 15.17 15.14 15.12 15.1 15.8 15.16 15.14 15.9 15.6 UK........................ Japan 2478 2268 2346 2398 2477 2635 2636 2794 2689 282 2873.. 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 1-2-1 INTERNATIONAL ENERGY AGENCY Page 5
January 21 Average crude oil import costs (USD/barrel) France Germany Italy Spain UK Japan Canada USA 199.. 23.17 23.23 21.88 22.92 22.64 24.15 21.7 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................ 3Q26 68.27 68.9 67.76 64.39 69.86 7.62 69.26 64.71 4Q26 58.65 58.19 57.74 56.63 59.64 6.4 59.67 53.69 1Q27 57.33 56.78 55.34 51.88 57.85 57.55 56.94 53.43 2Q27 67.75 67.33 66.22 65.6 69.22 65.8 65.43 61.85 3Q27 74.39 74.39 72.94 72.8 75.89 71.55 73.6 7.9 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 Nov-7 91.8 91.8 89.46 89.66 92.41 84.27 89.91 84.9 Dec-7 91.38 9.74 9.53 88.96 92.82 91.37 91.73 83.73 Jan-8 93.62 92.13 91.11 9.56 93.59 91.18 92.22 85.97 Feb-8 94.79 94.34 92.22 92.72 96.26 93.6 92.35 87.25 Mar-8 12.68 12.64 1.96 11.28 13.87 96.15 1.5 95.96 Apr-8 18.78 18.19 16.2 15.69 11.82 14.18 14.4 14.38 May-8 12.85 121.94 119.1 119.74 123.52 112.8 114.58 114.18 Jun-8 131.2 131.81 129.5 128.37 133.47 126.39 129.9 124.19 Jul-8 133.34 131.54 131.37 13.14 135.44 133.46 133.99 128.1 Aug-8 113.74 114.19 113.39 19.56 115.96 132.1 122.57 116.35 Sep-8 98.99 98.23 99.86 98.53 1.84 114.25 14.58 1.79 Oct-8 73.69 74.55 75.38 73.6 76.8 92.25 9.2 76.68 Nov-8 55.69 54.81 56.45 52.61 55.5 68.73 63.14 52.9 Dec-8 43.64 4.88 42.91 42.4 41.59 49.87 48.41 4.18 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 7.75 Nov-9 77.39 76.81 76.52 75.28 77.83 76.37 75.2 74.46 1-2-1 INTERNATIONAL ENERGY AGENCY Page 6