Guidance
Large Business (LB) Oil and Gas market values for category 1 crudes 2025
Updated 19 May 2025
© Crown copyright 2025
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January 2025
| Date | North Sea Reference |
Brent | Ekofisk | Flotta | Forties | Statfjord |
|---|---|---|---|---|---|---|
| 1 January 2025 |
75.23 | 76.89 | 76.73 | 73.23 | 76.14 | 76.82 |
| 2 January 2025 |
75.91 | 77.57 | 77.48 | 73.88 | 76.75 | 77.53 |
| 3 January 2025 |
76.68 | 78.33 | 78.22 | 74.64 | 77.51 | 78.29 |
| 4 January 2025 |
76.68 | 78.33 | 78.25 | 74.62 | 77.47 | 78.27 |
| 5 January 2025 |
77.19 | 78.84 | 78.76 | 75.13 | 77.98 | 78.78 |
| 6 January 2025 |
77.19 | 78.82 | 78.77 | 75.04 | 77.78 | 78.78 |
| 7 January 2025 |
77.47 | 79.07 | 79.13 | 75.57 | 77.88 | 79.01 |
| 8 January 2025 |
78.21 | 79.79 | 79.86 | 76.29 | 78.47 | 79.72 |
| 9 January 2025 |
79.30 | 80.86 | 80.94 | 77.43 | 79.44 | 80.78 |
| 10 January 2025 |
80.10 | 81.62 | 81.71 | 78.13 | 80.04 | 81.56 |
| 11 January 2025 |
80.10 | 81.60 | 81.70 | 78.20 | 79.85 | 81.50 |
| 12 January 2025 |
81.26 | 82.76 | 82.86 | 79.37 | 81.02 | 82.67 |
| 13 January 2025 |
81.26 | 82.75 | 82.76 | 79.17 | 80.96 | 82.65 |
| 14 January 2025 |
82.06 | 83.49 | 83.44 | 80.42 | 81.75 | 83.30 |
| 15 January 2025 |
82.42 | 83.85 | 83.74 | 80.45 | 82.08 | 83.72 |
| 16 January 2025 |
81.96 | 83.09 | 83.25 | 79.83 | 81.67 | 83.27 |
| 17 January 2025 |
81.64 | 82.59 | 82.91 | 79.40 | 81.35 | 82.96 |
| 18 January 2025 |
81.64 | 82.45 | 82.82 | 79.45 | 81.31 | 82.89 |
| 19 January 2025 |
80.99 | 81.79 | 82.16 | 78.80 | 80.65 | 82.24 |
| 20 January 2025 |
80.99 | 81.67 | 82.16 | 78.75 | 80.77 | 82.26 |
| 21 January 2025 |
80.30 | 80.75 | 81.48 | 78.10 | 80.22 | 81.58 |
| 22 January 2025 |
79.58 | 79.92 | 80.76 | 77.09 | 79.72 | 80.93 |
| 23 January 2025 |
79.02 | 79.44 | 80.22 | 76.58 | 79.22 | 80.38 |
| 24 January 2025 |
78.52 | 79.04 | 79.75 | 76.14 | 78.85 | 79.91 |
| 25 January 2025 |
78.52 | 79.10 | 79.76 | 76.20 | 78.97 | 79.92 |
| 26 January 2025 |
78.14 | 78.72 | 79.38 | 75.81 | 78.59 | 79.54 |
| 27 January 2025 |
78.14 | 78.76 | 79.41 | 75.84 | 78.65 | 79.56 |
| 28 January 2025 |
77.90 | 78.62 | 79.22 | 75.65 | 78.52 | 79.36 |
| 29 January 2025 |
77.59 | 78.40 | 78.95 | 75.39 | 78.31 | 79.08 |
| 30 January 2025 |
77.23 | 78.05 | 78.64 | 75.11 | 77.97 | 78.75 |
| 31 January 2025 |
76.95 | 77.78 | 78.40 | 74.90 | 77.76 | 78.50 |
February 2025
| Date | North Sea Reference |
Brent | Ekofisk | Flotta | Forties | Statfjord |
|---|---|---|---|---|---|---|
| 1 February 2025 |
76.95 | 77.78 | 78.40 | 74.94 | 77.78 | 78.50 |
| 2 February 2025 |
76.33 | 77.16 | 77.79 | 74.32 | 77.17 | 77.89 |
| 3 February 2025 |
76.33 | 77.16 | 77.79 | 74.36 | 77.17 | 77.89 |
| 4 February 2025 |
75.82 | 76.65 | 77.29 | 73.90 | 76.62 | 77.38 |
| 5 February 2025 |
75.29 | 76.12 | 76.78 | 73.39 | 76.01 | 76.85 |
| 6 February 2025 |
75.29 | 76.10 | 76.75 | 73.39 | 75.88 | 76.84 |
| 7 February 2025 |
75.40 | 76.20 | 76.83 | 73.44 | 75.88 | 76.95 |
| 8 February 2025 |
75.40 | 76.19 | 76.82 | 73.41 | 75.81 | 76.94 |
| 9 February 2025 |
75.61 | 76.40 | 77.03 | 73.62 | 76.02 | 77.15 |
| 10 February 2025 |
75.61 | 76.40 | 77.02 | 73.63 | 76.04 | 77.15 |
| 11 February 2025 |
75.64 | 76.41 | 77.02 | 73.63 | 76.03 | 77.17 |
| 12 February 2025 |
75.71 | 76.48 | 77.08 | 73.71 | 76.10 | 77.25 |
| 13 February 2025 |
75.54 | 76.30 | 76.82 | 73.56 | 75.98 | 77.06 |
| 14 February 2025 |
75.27 | 76.03 | 76.51 | 73.32 | 75.79 | 76.77 |
| 15 February 2025 |
75.27 | 76.03 | 76.50 | 73.36 | 75.87 | 76.76 |
| 16 February 2025 |
75.38 | 76.14 | 76.61 | 73.47 | 75.98 | 76.88 |
| 17 February 2025 |
75.38 | 76.14 | 76.58 | 73.46 | 75.93 | 76.86 |
| 18 February 2025 |
75.71 | 76.46 | 76.88 | 73.76 | 76.17 | 77.17 |
| 19 February 2025 |
75.70 | 76.44 | 76.84 | 73.71 | 76.03 | 77.14 |
| 20 February 2025 |
75.54 | 76.26 | 76.64 | 73.51 | 75.73 | 76.94 |
| 21 February 2025 |
75.02 | 75.72 | 76.14 | 72.94 | 75.07 | 76.41 |
| 22 February 2025 |
75.02 | 75.71 | 76.15 | 72.91 | 74.96 | 76.40 |
| 23 February 2025 |
74.33 | 75.01 | 75.46 | 72.21 | 74.26 | 75.71 |
| 24 February 2025 |
74.33 | 75.01 | 75.41 | 72.23 | 74.29 | 75.71 |
| 25 February 2025 |
73.80 | 74.48 | 74.84 | 71.71 | 73.75 | 75.17 |
| 26 February 2025 |
73.53 | 74.20 | 74.53 | 71.54 | 73.46 | 74.90 |
| 27 February 2025 |
73.42 | 74.10 | 74.37 | 71.54 | 73.36 | 74.79 |
| 28 February 2025 |
73.18 | 73.86 | 74.09 | 71.42 | 73.14 | 74.55 |
March 2025
| Date | North Sea Reference |
Brent | Ekofisk | Flotta | Forties | Statfjord |
|---|---|---|---|---|---|---|
| 1 March 2025 |
73.18 | 73.86 | 74.03 | 71.50 | 73.17 | 74.55 |
| 2 March 2025 |
72.56 | 73.24 | 73.41 | 70.87 | 72.55 | 73.9 |
| 3 March 2025 |
72.56 | 73.24 | 73.41 | 70.93 | 72.59 | 73.92 |
| 4 March 2025 |
71.79 | 72.46 | 72.65 | 70.23 | 71.75 | 73.14 |
| 5 March 2025 |
71.49 | 72.16 | 72.36 | 69.99 | 71.37 | 72.85 |
| 6 March 2025 |
70.91 | 71.58 | 71.79 | 69.40 | 70.77 | 72.26 |
| 7 March 2025 |
70.78 | 71.45 | 71.67 | 69.26 | 70.64 | 72.13 |
| 8 March 2025 |
70.78 | 71.45 | 71.68 | 69.25 | 70.63 | 72.13 |
| 9 March 2025 |
71.27 | 71.94 | 72.16 | 69.73 | 71.12 | 72.62 |
| 10 March 2025 |
71.27 | 71.94 | 72.16 | 69.72 | 71.10 | 72.61 |
| 11 March 2025 |
71.50 | 72.16 | 72.39 | 69.93 | 71.30 | 72.84 |
| 12 March 2025 |
71.41 | 72.07 | 72.32 | 69.88 | 71.27 | 72.75 |
| 13 March 2025 |
71.66 | 72.31 | 72.57 | 70.15 | 71.57 | 72.99 |
| 14 March 2025 |
71.79 | 72.45 | 72.70 | 70.31 | 71.76 | 73.13 |
| 15 March 2025 |
71.79 | 72.44 | 72.71 | 70.34 | 71.80 | 73.13 |
| 16 March 2025 |
71.66 | 72.31 | 72.57 | 70.20 | 71.66 | 72.99 |
| 17 March 2025 |
71.66 | 72.34 | 72.66 | 70.24 | 71.78 | 73.04 |
| 18 March 2025 |
71.88 | 72.61 | 73.02 | 70.55 | 72.19 | 73.32 |
| 19 March 2025 |
72.08 | 72.86 | 73.35 | 70.82 | 72.56 | 73.59 |
| 20 March 2025 |
72.44 | 73.26 | 73.83 | 71.25 | 73.08 | 74.03 |
| 21 March 2025 |
72.80 | 73.67 | 74.32 | 71.69 | 73.61 | 74.48 |
| 22 March 2025 |
72.80 | 73.71 | 74.44 | 71.75 | 73.75 | 74.55 |
| 23 March 2025 |
73.47 | 74.38 | 75.11 | 72.42 | 74.42 | 75.22 |
| 24 March 2025 |
73.47 | 74.39 | 75.12 | 72.43 | 74.43 | 75.24 |
| 25 March 2025 |
73.88 | 74.81 | 75.57 | 72.86 | 74.87 | 75.70 |
| 26 March 2025 |
74.26 | 75.19 | 75.95 | 73.25 | 75.25 | 76.10 |
| 27 March 2025 |
74.88 | 75.82 | 76.58 | 73.87 | 75.83 | 76.76 |
| 28 March 2025 |
75.67 | 76.60 | 77.39 | 74.65 | 76.57 | 77.55 |
| 29 March 2025 |
75.67 | 76.60 | 77.40 | 74.64 | 76.54 | 77.56 |
| 30 March 2025 |
76.10 | 77.03 | 77.83 | 75.07 | 76.97 | 77.99 |
| 31 March 2025 |
76.10 | 77.03 | 77.85 | 75.06 | 76.95 | 77.99 |
April 2025
| Date | North Sea Reference |
Brent | Ekofisk | Flotta | Forties | Statfjord |
|---|---|---|---|---|---|---|
| 1 April 2025 |
75.66 | 76.59 | 77.44 | 74.60 | 76.46 | 77.56 |
| 2 April 2025 |
74.32 | 75.23 | 76.11 | 73.22 | 75.06 | 76.22 |
| 3 April 2025 |
72.20 | 73.10 | 74.02 | 71.06 | 72.87 | 74.11 |
| 4 April 2025 |
69.92 | 70.80 | 71.76 | 68.74 | 70.54 | 71.82 |
| 5 April 2025 |
69.92 | 70.79 | 71.76 | 68.72 | 70.50 | 71.82 |
| 6 April 2025 |
67.03 | 67.91 | 68.88 | 65.83 | 67.62 | 68.94 |
| 7 April 2025 |
67.03 | 67.91 | 68.88 | 65.85 | 67.66 | 68.94 |
| 8 April 2025 |
65.64 | 66.51 | 67.49 | 64.44 | 66.26 | 67.55 |
| 9 April 2025 |
65.25 | 66.12 | 67.10 | 64.03 | 65.86 | 67.16 |
| 10 April 2025 |
65.28 | 66.15 | 67.14 | 64.06 | 65.89 | 67.20 |
| 11 April 2025 |
65.33 | 66.20 | 67.19 | 64.09 | 65.94 | 67.25 |
| 12 April 2025 |
65.33 | 66.20 | 67.19 | 64.09 | 65.97 | 67.25 |
| 13 April 2025 |
66.32 | 67.20 | 68.18 | 65.09 | 66.96 | 68.24 |
| 14 April 2025 |
66.32 | 67.21 | 68.19 | 65.12 | 67.04 | 68.25 |
| 15 April 2025 |
66.92 | 67.82 | 68.80 | 65.73 | 67.69 | 68.86 |
| 16 April 2025 |
67.56 | 68.48 | 69.45 | 66.40 | 68.41 | 69.51 |
| 17 April 2025 |
67.59 | 68.53 | 69.49 | 66.47 | 68.52 | 69.55 |
| 18 April 2025 |
67.59 | 68.54 | 69.50 | 66.51 | 68.62 | 69.55 |
| 19 April 2025 |
67.59 | 68.56 | 69.50 | 66.56 | 68.72 | 69.56 |
| 20 April 2025 |
67.75 | 68.72 | 69.66 | 66.72 | 68.89 | 69.72 |
| 21 April 2025 |
67.75 | 68.74 | 69.67 | 66.72 | 68.89 | 69.72 |
| 22 April 2025 |
67.75 | 68.77 | 69.67 | 66.73 | 68.94 | 69.73 |
| 23 April 2025 |
67.71 | 68.78 | 69.63 | 66.70 | 68.95 | 69.69 |
| 24 April 2025 |
67.15 | 68.28 | 69.07 | 66.14 | 68.44 | 69.14 |
| 25 April 2025 |
66.18 | 67.37 | 68.10 | 65.18 | 67.52 | 68.20 |
| 26 April 2025 |
66.18 | 67.41 | 68.10 | 65.19 | 67.56 | 68.21 |
| 27 April 2025 |
65.40 | 66.63 | 67.32 | 64.41 | 66.78 | 67.43 |
| 28 April 2025 |
65.40 | 66.65 | 67.33 | 64.42 | 66.79 | 67.42 |
| 29 April 2025 |
64.27 | 65.56 | 66.21 | 63.31 | 65.72 | 66.31 |
| 30 April 2025 |
63.08 | 64.40 | 65.02 | 62.12 | 64.53 | 65.14 |