California Statewide Crude Oil Price Index
State Of California
Department Of Transportation
Division Of Construction
P.O. Box 942873, Sacramento, Ca 94273-0001
California Statewide Crude Oil Price Index
| Date | Price Index ($/ton) |
|---|---|
| Jan-18 | 343.3 |
| Feb-18 | 373.7 |
| Mar-18 | 359.6 |
| Apr-18 | 359.9 |
| May-18 | 382.7 |
| Jun-18 | 409.6 |
| Jul-18 | 404.0 |
| Aug-18 | 407.6 |
| Sep-18 | 386.8 |
| Oct-18 | 414.0 |
| Nov-18 | 427.9 |
| Dec-18 | 354.30 |
| Jan-19 | 305.8 |
| Feb-19 | 321.0 |
| Mar-19 | 346.2 |
| Apr-19 | 365.5 |
| May-19 | 390.1 |
| Jun-19 | 380.5 |
| Jul-19 | 345.5 |
| Aug-19 | 353.7 |
| Sep-19 | 329.7 |
| Oct-19 | 339.9 |
| Nov-19 | 331.7 |
| Dec-19 | 346.8 |
| Jan-20 | 359.4 |
| Feb-20 | 350.5 |
| Mar-20 | 297.3 |
| Apr-20 |
172.7 |
| May-20 | 109.0 |
| Jun-20 | 155.9 |
| Jul-20 | 214.8 |
| Aug-20 | 227.8 |
| Sep-20 | 233.1 |
| Oct-20 | 218.8 |
| Nov-20 | 217.0 |
| Dec-20 |
229.7 |
| Jan-21 |
268.2 |
| Feb-21 | 298.8 |
| Mar-21 |
340.5 |
| Apr-21 | 360.0 |
| May-21 | 354.4 |
| Jun-21 | 373.7 |
| Jul-21 | 402.1 |
| Aug-21 | 403.9 |
| Sep-21 | 381.7 |
| Oct-21 | 405.7 |
| Nov-21 | 456.2 |
| Dec-21 | 433.5 |
| Jan-22 | 404.7 |
| Feb-22 | 460.7 |
| Mar-22 | 507.2 |
| Apr-22 | 622.0 |
| May-22 | 596.7 |
| Jun-22 |
621.5 |
| Jul-22 | 646.0 |
| Aug-22 | 582.6 |
| Sep-22 | 543.4 |
| Oct-22 | 497.4 |
| Nov-22 | 510.3 |
| Dec-22 | 500.30 |
| Jan-23 | 437.9 |
| Feb-23 | 434.4 |
| Mar-23 | 435.4 |
| Apr-23 | 420.2 |
| May-23 | 446.1 |
| Jun-23 | 405.5 |
| Jul-23 | 404.2 |
| Aug-23 | 432.9 |
| Sep-23 | 465.7 |
| Oct-23 | 508.6 |
| Nov-23 | 493.2 |
| Dec-23 | 446.7 |
| Jan-24 | 417.3 |
| Feb-24 | 423.9 |
| Mar-24 | 433.2 |
| Apr-24 | 451.7 |
| May-24 | 477.7 |
| Jun-24 | 450.2 |
| Jul-24 | 450.40 |
| Aug-24 | 461.60 |
| Sep-24 | 433.2 |
| Oct-24 | 401.4 |
| Nov-24 | 413.30 |
| Dec-24 | 401.6 |
| Jan-25 | 395.9 |
| Feb-25 | 425.1 |
| Mar-25 | 406.4 |
This Index is to be used for calculating payment adjustments for paving asphalt under special provisions section "Payment Adjustments for Price Index Fluctuations" in those projects containing the section. The index values are to be used in both US Customary and metric projects. Unit adjustment is included in the formulas as shown in the special provisions.
Until December 2024, the index was determined by the Department using the average of the posted crude oil prices for the Buena Vista and Midway Sunset fields from Chevron, Exxon Mobil, and ConocoPhillips.
Starting in January 2025, the Department determines the California Statewide Crude Oil Price Index each month, on or about the first business day, using the daily Brent crude oil prices from the previous month, as reported by Business Insider.
For inquiries, please send an email to Oil.Index@dot.ca.gov