Guidance

Large Business (LB) Oil and Gas market values for category 1 crudes 2024

Updated 22 November 2024

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

April 2024

Date	North Sea Reference	Brent	Ekofisk	Flotta	Forties	Statfjord
1 April 2024	88.52	89.80	91.23	86.94	89.61	91.31
2 April 2024	88.52	89.78	91.22	86.87	89.48	91.30
3 April 2024	90.20	91.32	92.90	88.49	91.04	92.98
4 April 2024	91.32	92.27	94.00	89.48	91.91	94.08
5 April 2024	91.72	92.51	94.37	89.78	92.13	94.47
6 April 2024	91.72	92.42	94.36	89.75	92.07	94.46
7 April 2024	91.70	92.40	94.34	89.73	92.05	94.44
8 April 2024	91.70	92.30	94.32	89.68	91.97	94.44
9 April 2024	91.92	92.21	94.50	89.83	92.07	94.65
10 April 2024	91.88	91.87	94.27	89.65	91.79	94.52
11 April 2024	91.58	91.42	93.79	89.20	91.25	94.12
12 April 2024	91.43	91.16	93.55	88.99	91.03	93.93
13 April 2024	91.43	91.01	93.45	88.97	91.03	93.88
14 April 2024	91.14	90.73	93.17	88.69	90.75	93.59
15 April 2024	91.14	90.73	93.17	88.69	90.75	93.59
16 April 2024	90.42	89.95	92.23	87.97	90.13	92.74
17 April 2024	89.38	89.14	90.99	86.94	89.19	91.57
18 April 2024	88.76	88.77	90.39	86.44	88.86	90.96
19 April 2024	88.26	88.58	89.91	86.08	88.63	90.46
20 April 2024	88.26	88.58	89.91	86.08	88.63	90.46
21 April 2024	88.12	88.44	89.77	85.95	88.50	90.32
22 April 2024	88.12	88.52	89.78	86.00	88.57	90.33
23 April 2024	88.18	88.64	89.84	86.09	88.67	90.39
24 April 2024	88.57	89.21	90.24	86.64	89.17	90.79
25 April 2024	88.81	89.58	90.50	87.04	89.50	91.04
26 April 2024	88.67	89.55	90.42	87.05	89.46	90.91
27 April 2024	88.67	89.58	90.43	87.15	89.54	90.92
28 April 2024	87.90	88.81	89.66	86.38	88.76	90.15
29 April 2024	87.90	88.85	89.69	86.41	88.76	90.15
30 April 2024	87.00	88.02	88.84	85.61	87.86	89.25

May 2024

Date	North Sea Reference	Brent	Ekofisk	Flotta	Forties	Statfjord
1 May 2024	85.67	86.75	87.57	84.40	86.55	87.92
2 May 2024	84.33	85.45	86.30	83.08	85.21	86.59
3 May 2024	83.40	84.53	85.41	82.13	84.20	85.66
4 May 2024	83.40	84.55	85.41	82.13	84.17	85.66
5 May 2024	83.05	84.20	85.07	81.78	83.82	85.31
6 May 2024	83.05	84.19	85.03	81.76	83.79	85.31
7 May 2024	83.05	84.18	84.98	81.78	83.78	85.30
8 May 2024	82.87	84.00	84.75	81.60	83.62	85.11
9 May 2024	82.58	83.71	84.43	81.31	83.34	84.84
10 May 2024	82.20	83.32	84.02	80.92	82.94	84.48
11 May 2024	82.20	83.31	83.99	80.94	83.00	84.48
12 May 2024	81.82	82.93	83.61	80.56	82.62	84.10
13 May 2024	81.82	82.93	83.63	80.55	82.59	84.12
14 May 2024	81.52	82.62	83.33	80.24	82.28	83.83
15 May 2024	81.37	82.47	83.21	80.05	82.07	83.70
16 May 2024	81.44	82.52	83.30	80.02	81.94	83.78
17 May 2024	81.66	82.71	83.52	80.14	81.94	83.98
18 May 2024	81.66	82.71	83.51	80.08	81.83	83.98
19 May 2024	81.49	82.54	83.34	79.91	81.66	83.81
20 May 2024	81.49	82.53	83.34	79.91	81.66	83.80
21 May 2024	81.05	82.07	82.89	79.31	80.92	83.35
22 May 2024	80.59	81.58	82.42	78.76	80.28	82.87
23 May 2024	80.63	81.59	82.46	78.74	80.17	82.89
24 May 2024	80.80	81.67	82.62	78.92	80.35	83.04
25 May 2024	80.80	81.63	82.61	78.91	80.34	83.03
26 May 2024	80.91	81.74	82.72	79.02	80.45	83.14
27 May 2024	80.91	81.68	82.72	78.97	80.40	83.12
28 May 2024	80.91	81.62	82.70	78.87	80.24	83.05
29 May 2024	80.99	81.62	82.77	78.95	80.34	83.05
30 May 2024	80.34	80.89	82.11	78.25	79.63	82.33
31 May 2024	79.04	79.52	80.79	76.89	78.26	80.96

June 2024

Date	North Sea Reference	Brent	Ekofisk	Flotta	Forties	Statfjord
1 June 2024	79.04	79.51	80.77	76.81	78.16	80.9
2 June 2024	77.75	78.22	79.48	75.52	76.87	79.61
3 June 2024	77.75	78.22	79.47	75.49	76.85	79.6
4 June 2024	77.2	77.66	78.88	74.91	76.25	78.98
5 June 2024	76.82	77.28	78.46	74.54	75.93	78.59
6 June 2024	77.45	77.91	79.02	75.13	76.51	79.18
7 June 2024	78.38	78.83	79.88	76.02	77.4	80.08
8 June 2024	78.38	78.83	79.85	75.99	77.35	80.06
9 June 2024	79.44	79.89	80.91	77.05	78.41	81.12
10 June 2024	79.44	79.89	80.91	77.05	78.41	81.12
11 June 2024	80.06	80.5	81.42	77.67	79.04	81.68
12 June 2024	80.75	81.18	81.95	78.34	79.72	82.27
13 June 2024	81.44	81.86	82.47	79.03	80.42	82.86
14 June 2024	82.37	82.8	83.25	79.97	81.36	83.71
15 June 2024	82.37	82.79	83.13	79.96	81.35	83.65
16 June 2024	83.36	83.78	84.12	80.95	82.34	84.64
17 June 2024	83.36	83.78	84.08	80.94	82.34	84.62
18 June 2024	84.25	84.66	84.94	81.83	83.23	85.49
19 June 2024	85.33	85.74	85.94	82.9	84.31	86.52
20 June 2024	86.08	86.48	86.66	83.66	85.07	87.25
21 June 2024	86.37	86.76	86.96	83.95	85.36	87.53
22 June 2024	86.37	86.75	86.96	83.95	85.37	87.52
23 June 2024	86.22	86.6	86.81	83.8	85.22	87.37
24 June 2024	86.22	86.6	86.82	83.8	85.22	87.33
25 June 2024	86.47	86.84	87.09	84.08	85.52	87.53
26 June 2024	86.42	86.78	87.05	84.06	85.53	87.44
27 June 2024	86.58	86.93	87.22	84.25	85.74	87.55
28 June 2024	86.93	87.27	87.58	84.59	86.08	87.85
29 June 2024	86.93	87.27	87.58	84.61	86.11	87.8
30 June 2024	87.38	87.72	88.03	85.06	86.56	88.25

July 2024

Date	North Sea Reference	Brent	Ekofisk	Flotta	Forties	Statfjord
1 July 2024	87.38	87.72	88.16	85.11	86.64	88.30
2 July 2024	87.70	88.07	88.67	85.53	87.15	88.68
3 July 2024	88.14	88.59	89.34	86.08	87.79	89.23
4 July 2024	88.13	88.69	89.57	86.19	88.01	89.34
5 July 2024	87.67	88.40	89.38	85.90	87.88	89.00
6 July 2024	87.67	88.48	89.59	86.02	88.12	89.10
7 July 2024	87.59	88.40	89.51	85.94	88.04	89.02
8 July 2024	87.59	88.50	89.65	86.04	88.23	89.11
9 July 2024	87.30	88.43	89.59	85.93	88.27	88.96
10 July 2024	87.06	88.36	89.52	85.78	88.17	88.86
11 July 2024	86.84	88.28	89.44	85.68	88.13	88.75
12 July 2024	86.75	88.30	89.47	85.70	88.18	88.77
13 July 2024	86.75	88.33	89.55	85.73	88.21	88.85
14 July 2024	86.59	88.16	89.39	85.56	88.04	88.68
15 July 2024	86.59	88.17	89.39	85.59	88.06	88.70
16 July 2024	86.43	88.05	89.25	85.46	87.90	88.59
17 July 2024	85.96	87.58	88.79	85.01	87.42	88.15
18 July 2024	85.25	86.86	88.09	84.36	86.80	87.47
19 July 2024	84.55	86.16	87.39	83.66	86.10	86.78
20 July 2024	84.55	86.16	87.40	83.66	86.11	86.79
21 July 2024	83.91	85.53	86.76	83.03	85.47	86.15
22 July 2024	83.91	85.53	86.76	83.02	85.48	86.16
23 July 2024	83.12	84.74	85.99	82.19	84.57	85.38
24 July 2024	82.29	83.89	85.17	81.30	83.62	84.62
25 July 2024	81.85	83.44	84.74	80.81	83.09	84.24
26 July 2024	81.28	82.85	84.17	80.18	82.41	83.72
27 July 2024	81.28	82.85	84.17	80.15	82.33	83.76
28 July 2024	80.97	82.54	83.87	79.84	82.02	83.45
29 July 2024	80.97	82.53	83.87	79.83	82.00	83.47
30 July 2024	80.83	82.38	83.73	79.65	81.76	83.39
31 July 2024	80.22	81.76	83.13	79.04	81.17	82.84

August 2024

Date	North Sea Reference	Brent	Ekofisk	Flotta	Forties	Statfjord
1 August 2024	79.39	80.93	82.30	78.23	80.36	82.02
2 August 2024	78.84	80.37	81.75	77.68	79.82	81.47
3 August 2024	78.84	80.37	81.75	77.69	79.82	81.47
4 August 2024	78.60	80.13	81.52	77.45	79.59	81.24
5 August 2024	78.60	80.13	81.52	77.47	79.61	81.24
6 August 2024	78.44	79.97	81.36	77.33	79.50	81.09
7 August 2024	79.13	80.65	82.05	78.04	80.23	81.78
8 August 2024	80.42	81.90	83.35	79.32	81.51	83.07
9 August 2024	81.74	83.17	84.67	80.63	82.82	84.40
10 August 2024	81.74	83.15	84.68	80.62	82.81	84.40
11 August 2024	82.23	83.64	85.17	81.11	83.30	84.89
12 August 2024	82.23	83.61	85.17	81.13	83.34	84.89
13 August 2024	82.83	84.17	85.77	81.74	83.97	85.49
14 August 2024	82.94	84.24	85.88	81.86	84.11	85.60
15 August 2024	82.65	83.91	85.59	81.57	83.83	85.31
16 August 2024	81.94	83.20	84.85	80.91	83.21	84.60
17 August 2024	81.94	83.20	84.85	80.95	83.28	84.59
18 August 2024	81.31	82.57	84.22	80.32	82.66	83.97
19 August 2024	81.31	82.56	84.19	80.25	82.49	83.96
20 August 2024	80.43	81.66	83.28	79.25	81.37	83.07
21 August 2024	80.22	81.43	83.03	78.95	81.03	82.85
22 August 2024	80.35	81.57	83.14	79.06	81.17	82.98
23 August 2024	80.67	81.90	83.43	79.35	81.50	83.29
24 August 2024	80.67	81.90	83.42	79.29	81.39	83.29
25 August 2024	81.23	82.45	83.98	79.84	81.95	83.85
26 August 2024	81.23	82.53	83.98	79.92	82.13	83.84
27 August 2024	81.23	82.63	83.98	80.01	82.39	83.84
28 August 2024	81.30	82.80	84.09	80.22	82.80	83.92
29 August 2024	81.00	82.60	83.82	80.02	82.71	83.62
30 August 2024	79.67	81.34	82.53	78.74	81.47	82.37
31 August 2024	79.67	81.41	82.55	78.78	81.55	82.38

September 2024

Date	North Sea Reference	Brent	Ekofisk	Flotta	Forties	Statfjord
1 September 2024	78.48	80.22	81.36	77.59	80.36	81.19
2 September 2024	78.48	80.25	81.43	77.63	80.43	81.28
3 September 2024	76.98	78.84	80.04	76.18	79.01	79.90
4 September 2024	75.57	77.52	78.73	74.83	77.67	78.59
5 September 2024	74.10	76.13	77.33	73.41	76.26	77.23
6 September 2024	73.05	75.16	76.34	72.41	75.28	76.28
7 September 2024	73.05	75.23	76.41	72.45	75.34	76.32
8 September 2024	72.21	74.39	75.57	71.61	74.51	75.48
9 September 2024	72.21	74.39	75.57	71.64	74.51	75.48
10 September 2024	72.12	74.37	75.50	71.55	74.43	75.39
11 September 2024	72.33	74.58	75.69	71.78	74.65	75.60
12 September 2024	72.71	74.96	76.05	72.17	75.03	75.96
13 September 2024	73.59	75.84	76.92	73.06	75.92	76.84
14 September 2024	73.59	75.84	76.91	73.06	75.92	76.83
15 September 2024	74.41	76.66	77.73	73.88	76.74	77.65
16 September 2024	74.41	76.67	77.71	73.88	76.74	77.65
17 September 2024	74.85	77.11	78.04	74.31	77.18	78.04
18 September 2024	75.28	77.55	78.34	74.75	77.62	78.41
19 September 2024	75.48	77.75	78.43	74.95	77.81	78.56
20 September 2024	75.66	77.92	78.48	75.11	77.98	78.67
21 September 2024	75.66	77.92	78.38	75.11	77.97	78.62
22 September 2024	75.71	77.97	78.44	75.17	78.03	78.68
23 September 2024	75.71	77.95	78.33	75.08	77.81	78.63
24 September 2024	74.88	77.09	77.36	74.15	76.75	77.72
25 September 2024	74.05	76.23	76.49	73.23	75.70	76.85
26 September 2024	73.64	75.77	76.05	72.73	75.10	76.40
27 September 2024	73.58	75.68	75.96	72.59	74.86	76.30
28 September 2024	73.58	75.66	75.92	72.51	74.67	76.27
29 September 2024	73.48	75.56	75.83	72.41	74.57	76.18
30 September 2024	73.48	75.56	75.84	72.44	74.64	76.17

October 2024

Date	North Sea Reference	Brent	Ekofisk	Flotta	Forties	Statfjord
1 October 2024	74.57	76.63	76.94	73.57	75.82	77.23
2 October 2024	76.06	78.11	78.46	75.08	77.37	78.71
3 October 2024	77.72	79.78	80.17	76.79	79.15	80.38
4 October 2024	78.24	80.22	80.72	77.35	79.74	80.90
5 October 2024	78.24	80.20	80.73	77.38	79.80	80.90
6 October 2024	78.86	80.82	81.36	78.00	80.42	81.52
7 October 2024	78.86	80.76	81.36	77.95	80.32	81.52
8 October 2024	79.11	80.94	81.58	78.16	80.49	81.77
9 October 2024	79.23	80.88	81.63	78.23	80.51	81.86
10 October 2024	78.52	79.94	80.78	77.47	79.70	81.10
11 October 2024	77.64	78.81	79.74	76.50	78.66	80.15
12 October 2024	77.64	78.73	79.63	76.43	78.53	80.11
13 October 2024	76.83	77.92	78.82	75.62	77.72	79.30
14 October 2024	76.83	77.85	78.78	75.60	77.69	79.28
15 October 2024	75.80	76.65	77.58	74.53	76.60	78.17
16 October 2024	74.28	74.98	75.96	72.98	75.04	76.60
17 October 2024	73.44	74.09	75.08	72.10	74.15	75.72
18 October 2024	73.88	74.52	75.51	72.52	74.58	76.13
19 October 2024	73.88	74.52	75.49	72.50	74.57	76.11
20 October 2024	74.05	74.69	75.66	72.67	74.74	76.28
21 October 2024	74.05	74.69	75.68	72.67	74.75	76.28
22 October 2024	74.12	74.79	75.71	72.75	74.85	76.32
23 October 2024	74.79	75.52	76.42	73.44	75.57	76.99
24 October 2024	74.52	75.34	76.24	73.14	75.39	76.76
25 October 2024	73.68	74.58	75.47	72.26	74.63	75.95
26 October 2024	73.68	74.63	75.47	72.25	74.68	75.96
27 October 2024	73.35	74.30	75.14	71.92	74.34	75.63
28 October 2024	73.35	74.33	75.04	71.89	74.33	75.59
29 October 2024	73.13	74.17	74.66	71.58	74.07	75.26
30 October 2024	72.78	73.87	74.20	71.10	73.59	74.83
31 October 2024	73.46	74.53	74.70	71.64	74.11	75.40