Guidance
Large Business (LB) Oil and Gas market values for category 1 crudes 2025
Updated 21 February 2025
© Crown copyright 2025
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This publication is available at https://www.gov.uk/government/publications/large-business-service-oil-and-gas-market-values-for-category-1-crudes-2014/large-business-lb-oil-and-gas-market-values-for-category-1-crudes-2025
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 |