Guidance

Large Business (LB) Oil and Gas market values for category 1 crudes 2025

Updated 7 August 2025

漏 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

May 2025

Date North Sea
Reference		 Brent Ekofisk Flotta Forties Statfjord
1 May
2025		 62.5 63.82 64.45 61.46 63.95 64.58
2 May
2025		 61.89 63.21 63.84 60.83 63.34 63.97
3 May
2025		 61.89 63.21 63.85 60.81 63.34 63.95
4 May
2025		 61.74 63.06 63.69 60.65 63.19 63.8
5 May
2025		 61.74 63.06 63.69 60.65 63.19 63.8
6 May
2025		 61.74 63.06 63.69 60.52 63.19 63.84
7 May
2025		 62.18 63.5 64.12 60.83 63.63 64.32
8 May
2025		 62.93 64.24 64.89 61.4 64.25 65.09
9 May
2025		 63.58 64.9 65.56 62.01 64.81 65.77
10 May
2025		 63.58 64.9 65.56 62.01 64.81 65.77
11 May
2025		 64.53 65.84 66.5 62.96 65.76 66.72
12 May
2025		 64.53 65.84 66.51 62.94 65.73 66.72
13 May
2025		 64.87 66.19 66.85 63.27 66.04 67.06
14 May
2025		 65.17 66.48 67.16 63.5 66.17 67.36
15 May
2025		 65.36 66.65 67.35 63.61 66.15 67.54
16 May
2025		 65.28 66.55 67.27 63.49 65.95 67.45
17 May
2025		 65.28 66.54 67.27 63.47 65.87 67.44
18 May
2025		 65.13 66.39 67.12 63.32 65.72 67.3
19 May
2025		 65.13 66.39 67.12 63.32 65.72 67.3
20 May
2025		 65.26 66.49 67.25 63.39 65.65 67.42
21 May
2025		 65.32 66.5 67.19 63.38 65.44 67.42
22 May
2025		 64.9 66.02 66.64 62.9 64.81 66.94
23 May
2025		 64.83 65.91 66.45 62.82 64.65 66.8
24 May
2025		 64.83 65.89 66.35 62.8 64.55 66.76
25 May
2025		 64.73 65.78 66.25 62.7 64.45 66.65
26 May
2025		 64.73 65.77 66.23 62.7 64.46 66.64
27 May
2025		 64.73 65.76 66.21 62.71 64.49 66.62
28 May
2025		 64.55 65.56 65.94 62.52 64.28 66.39
29 May
2025		 64.76 65.75 66.16 62.74 64.53 66.59
30 May
2025		 65.5 66.4 66.9 63.5 65.34 67.31
31 May
2025		 65.5 66.38 66.91 63.51 65.36 67.31

June 2025

Date North Sea
Reference		 Brent Ekofisk Flotta Forties Statfjord
01 June
2025		 65.69 66.57 67.10 63.70 65.56 67.50
02 June
2025		 65.69 66.51 67.11 63.72 65.60 67.51
03 June
2025		 66.21 66.95 67.65 64.28 66.20 68.03
04 June
2025		 67.09 67.75 68.54 65.14 67.03 68.91
05 June
2025		 67.53 68.11 69.00 65.63 67.55 69.35
06 June
2025		 67.91 68.43 69.40 66.06 68.01 69.74
07 June
2025		 67.91 68.43 69.41 66.09 68.06 69.74
08 June
2025		 68.60 69.12 70.10 66.77 68.74 70.43
09 June
2025		 68.60 69.12 70.10 66.77 68.74 70.43
10 June
2025		 69.33 69.85 70.84 67.54 69.52 71.16
11 June
2025		 70.76 71.28 72.27 68.98 70.97 72.57
12 June
2025		 71.73 72.27 73.24 70.04 72.09 73.54
13 June
2025		 73.31 73.85 74.83 71.63 73.68 75.11
14 June
2025		 73.31 73.85 74.83 71.63 73.68 75.10
15 June
2025		 74.78 75.31 76.29 73.09 75.14 76.56
16 June
2025		 74.78 75.33 76.30 73.13 75.22 76.57
17 June
2025		 76.69 77.27 78.23 75.09 77.21 78.49
18 June
2025		 77.29 77.89 78.83 75.74 77.91 79.09
19 June
2025		 78.07 78.74 79.66 76.56 78.78 79.88
20 June
2025		 76.39 77.14 78.03 74.92 77.19 78.27
21 June
2025		 76.39 77.18 78.05 74.97 77.27 78.29
22 June
2025		 74.83 75.62 76.50 73.41 75.72 76.73
23 June
2025		 74.83 75.66 76.52 73.55 75.70 76.78
24 June
2025		 72.70 73.57 74.43 71.55 73.55 74.71
25 June
2025		 70.87 71.78 72.61 69.86 71.70 72.95
26 June
2025		 68.96 69.89 70.72 68.08 69.74 71.10
27 June
2025		 68.86 69.82 70.69 68.12 69.61 71.12
28 June
2025		 68.86 69.82 70.70 68.26 69.58 71.13
29 June
2025		 68.96 69.92 70.80 68.36 69.68 71.23
30 June
2025		 68.96 69.97 70.89 68.39 69.76 71.29
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