Guidance
Large Business (LB) Oil and Gas market values for category 1 crudes 2024
Updated 18 April 2024
© Crown copyright 2024
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January 2024
| Date | North Sea Reference | Brent | Ekofisk | Flotta | Forties | Statfjord |
|---|---|---|---|---|---|---|
| 1 January 2024 | 76.94 | 77.93 | 79.19 | 74.32 | 77.47 | 79.39 |
| 2 January 2024 | 76.94 | 77.84 | 79.19 | 74.37 | 77.58 | 79.42 |
| 3 January 2024 | 76.98 | 77.86 | 79.31 | 74.49 | 77.79 | 79.52 |
| 4 January 2024 | 76.68 | 77.64 | 79.08 | 74.28 | 77.67 | 79.27 |
| 5 January 2024 | 77.34 | 78.38 | 79.82 | 75.22 | 78.47 | 79.93 |
| 6 January 2024 | 77.34 | 78.43 | 79.86 | 75.32 | 78.58 | 79.95 |
| 7 January 2024 | 77.61 | 78.70 | 80.13 | 75.59 | 78.85 | 80.22 |
| 8 January 2024 | 77.61 | 78.70 | 80.13 | 75.59 | 78.86 | 80.22 |
| 9 January 2024 | 78.52 | 79.68 | 81.10 | 76.61 | 79.85 | 81.15 |
| 10 January 2024 | 78.76 | 80.01 | 81.42 | 76.84 | 80.06 | 81.46 |
| 11 January 2024 | 79.46 | 80.69 | 82.08 | 77.50 | 80.65 | 82.15 |
| 12 January 2024 | 79.67 | 80.85 | 82.24 | 77.96 | 80.61 | 82.25 |
| 13 January 2024 | 79.67 | 80.83 | 82.21 | 77.70 | 80.46 | 82.30 |
| 14 January 2024 | 79.87 | 81.03 | 82.41 | 77.90 | 80.66 | 82.50 |
| 15 January 2024 | 79.87 | 81.03 | 82.41 | 77.90 | 80.66 | 82.50 |
| 16 January 2024 | 79.95 | 81.11 | 82.47 | 78.10 | 80.54 | 82.60 |
| 17 January 2024 | 80.20 | 81.33 | 82.70 | 78.37 | 80.60 | 82.85 |
| 18 January 2024 | 80.71 | 81.79 | 83.17 | 79.03 | 80.87 | 83.34 |
| 19 January 2024 | 81.18 | 82.19 | 83.64 | 79.66 | 81.11 | 83.81 |
| 20 January 2024 | 81.18 | 82.18 | 83.64 | 79.55 | 80.97 | 83.88 |
| 21 January 2024 | 81.68 | 82.68 | 84.14 | 80.05 | 81.47 | 84.38 |
| 22 January 2024 | 81.68 | 82.65 | 84.14 | 80.08 | 81.54 | 84.38 |
| 23 January 2024 | 82.13 | 83.12 | 84.60 | 80.61 | 82.14 | 84.83 |
| 24 January 2024 | 82.57 | 83.56 | 85.05 | 81.12 | 82.73 | 85.28 |
| 25 January 2024 | 82.90 | 83.91 | 85.40 | 81.60 | 83.30 | 85.63 |
| 26 January 2024 | 83.22 | 84.26 | 85.74 | 82.06 | 83.86 | 85.97 |
| 27 January 2024 | 83.22 | 84.29 | 85.76 | 82.15 | 84.03 | 85.97 |
| 28 January 2024 | 83.28 | 84.35 | 85.82 | 82.21 | 84.09 | 86.03 |
| 29 January 2024 | 83.28 | 84.44 | 85.84 | 82.27 | 84.19 | 86.04 |
| 30 January 2024 | 83.30 | 84.61 | 85.93 | 82.40 | 84.40 | 86.13 |
| 31 January 2024 | 82.42 | 83.90 | 85.13 | 81.62 | 83.68 | 85.32 |
February 2024
| Date | North Sea Reference | Brent | Ekofisk | Flotta | Forties | Statfjord |
|---|---|---|---|---|---|---|
| 1 February 2024 | 81.49 | 83.13 | 84.24 | 80.70 | 82.90 | 84.46 |
| 2 February 2024 | 80.88 | 82.68 | 83.67 | 80.08 | 82.39 | 83.93 |
| 3 February 2024 | 80.88 | 82.81 | 83.70 | 80.08 | 82.46 | 83.98 |
| 4 February 2024 | 80.68 | 82.61 | 83.50 | 79.88 | 82.26 | 83.78 |
| 5 February 2024 | 80.68 | 82.64 | 83.49 | 79.86 | 82.28 | 83.80 |
| 6 February 2024 | 80.89 | 82.94 | 83.73 | 80.03 | 82.55 | 84.08 |
| 7 February 2024 | 81.99 | 84.10 | 84.85 | 81.11 | 83.72 | 85.21 |
| 8 February 2024 | 83.05 | 85.17 | 85.91 | 82.11 | 84.80 | 86.29 |
| 9 February 2024 | 84.04 | 86.17 | 86.94 | 83.12 | 85.81 | 87.30 |
| 10 February 2024 | 84.04 | 86.18 | 86.96 | 83.13 | 85.82 | 87.31 |
| 11 February 2024 | 84.74 | 86.87 | 87.65 | 83.83 | 86.51 | 88.00 |
| 12 February 2024 | 84.74 | 86.87 | 87.66 | 83.84 | 86.52 | 88.01 |
| 13 February 2024 | 84.93 | 87.07 | 87.89 | 84.05 | 86.73 | 88.23 |
| 14 February 2024 | 85.21 | 87.36 | 88.20 | 84.34 | 87.02 | 88.53 |
| 15 February 2024 | 85.62 | 87.77 | 88.61 | 84.77 | 87.46 | 88.94 |
| 16 February 2024 | 85.41 | 87.55 | 88.39 | 84.56 | 87.25 | 88.74 |
| 17 February 2024 | 85.41 | 87.55 | 88.39 | 84.57 | 87.25 | 88.74 |
| 18 February 2024 | 85.48 | 87.62 | 88.46 | 84.64 | 87.32 | 88.82 |
| 19 February 2024 | 85.48 | 87.62 | 88.46 | 84.64 | 87.32 | 88.82 |
| 20 February 2024 | 85.49 | 87.63 | 88.53 | 84.67 | 87.36 | 88.86 |
| 21 February 2024 | 85.01 | 87.14 | 88.10 | 84.20 | 86.91 | 88.40 |
| 22 February 2024 | 84.30 | 86.43 | 87.47 | 83.51 | 86.23 | 87.72 |
| 23 February 2024 | 84.15 | 86.28 | 87.38 | 83.38 | 86.10 | 87.59 |
| 24 February 2024 | 84.15 | 86.27 | 87.43 | 83.40 | 86.13 | 87.61 |
| 25 February 2024 | 83.83 | 85.95 | 87.11 | 83.08 | 85.80 | 87.29 |
| 26 February 2024 | 83.83 | 85.95 | 87.12 | 83.10 | 85.83 | 87.29 |
| 27 February 2024 | 83.66 | 85.78 | 87.02 | 82.97 | 85.71 | 87.17 |
| 28 February 2024 | 84.43 | 86.55 | 87.82 | 83.78 | 86.50 | 87.97 |
| 29 February 2024 | 85.08 | 87.20 | 88.47 | 84.46 | 87.17 | 88.63 |
March 2024
| Date | North Sea Reference | Brent | Ekofisk | Flotta | Forties | Statfjord |
|---|---|---|---|---|---|---|
| 1 March 2024 | 85.34 | 87.46 | 88.73 | 84.75 | 87.45 | 88.90 |
| 2 March 2024 | 85.34 | 87.46 | 88.73 | 84.78 | 87.48 | 88.92 |
| 3 March 2024 | 85.87 | 87.99 | 89.26 | 85.31 | 88.01 | 89.45 |
| 4 March 2024 | 85.87 | 88.00 | 89.26 | 85.33 | 88.04 | 89.46 |
| 5 March 2024 | 85.95 | 88.09 | 89.35 | 85.44 | 88.16 | 89.56 |
| 6 March 2024 | 85.16 | 87.30 | 88.56 | 84.68 | 87.39 | 88.77 |
| 7 March 2024 | 84.65 | 86.81 | 87.97 | 84.16 | 86.88 | 88.26 |
| 8 March 2024 | 84.19 | 86.30 | 87.42 | 83.69 | 86.40 | 87.79 |
| 9 March 2024 | 84.19 | 86.29 | 87.38 | 83.70 | 86.41 | 87.79 |
| 10 March 2024 | 83.83 | 85.93 | 87.02 | 83.34 | 86.05 | 87.43 |
| 11 March 2024 | 83.83 | 85.87 | 86.96 | 83.32 | 86.03 | 87.42 |
| 12 March 2024 | 83.97 | 85.94 | 87.00 | 83.44 | 86.13 | 87.56 |
| 13 March 2024 | 84.42 | 86.30 | 87.34 | 83.86 | 86.53 | 87.99 |
| 14 March 2024 | 85.02 | 86.82 | 87.83 | 84.44 | 87.09 | 88.57 |
| 15 March 2024 | 85.91 | 87.63 | 88.70 | 85.33 | 87.97 | 89.46 |
| 16 March 2024 | 85.91 | 87.62 | 88.69 | 85.33 | 87.97 | 89.47 |
| 17 March 2024 | 86.09 | 87.80 | 88.87 | 85.51 | 88.15 | 89.65 |
| 18 March 2024 | 86.09 | 87.80 | 88.87 | 85.50 | 88.12 | 89.65 |
| 19 March 2024 | 85.97 | 87.67 | 88.74 | 85.35 | 87.91 | 89.52 |
| 20 March 2024 | 85.81 | 87.51 | 88.58 | 85.04 | 87.61 | 89.27 |
| 21 March 2024 | 85.75 | 87.44 | 88.51 | 84.84 | 87.45 | 89.11 |
| 22 March 2024 | 85.43 | 87.06 | 88.19 | 84.39 | 87.04 | 88.68 |
| 23 March 2024 | 85.43 | 87.05 | 88.19 | 84.30 | 86.95 | 88.63 |
| 24 March 2024 | 85.32 | 86.94 | 88.08 | 84.19 | 86.84 | 88.52 |
| 25 March 2024 | 85.32 | 86.89 | 88.09 | 84.15 | 86.84 | 88.46 |
| 26 March 2024 | 85.63 | 87.13 | 88.39 | 84.34 | 87.09 | 88.65 |
| 27 March 2024 | 86.63 | 88.06 | 89.38 | 85.24 | 88.07 | 89.53 |
| 28 March 2024 | 87.59 | 88.95 | 90.33 | 86.15 | 88.95 | 90.44 |
| 29 March 2024 | 87.59 | 88.89 | 90.32 | 86.08 | 88.82 | 90.41 |
| 30 March 2024 | 87.59 | 88.88 | 90.31 | 86.06 | 88.76 | 90.39 |
| 31 March 2024 | 88.52 | 89.81 | 91.24 | 86.99 | 89.69 | 91.32 |