Statistics Norway

Oil and gas, international markets

8   Crude oil prices by field. Monthly. 1995-2006. USD/barrel
Year and quarter Norm prices Spot price
Ekofisk1 Statfjord3 Gullfaks2, 3 Gullfaks C3 Oseberg4 Snorre3 Draugen3 Tordis3 Troll5 Norne6 Njord6 Heidrun7 Jotun6 Åsgard6 Glitne6 Grane4 Brent Blend
1995                                  
January 16.20 16.25 16.20 16.25 16.20 16.25 .. 16.25 . . . . . . .. ... 16.42
February 17.15 17.20 17.15 17.20 17.20 17.20 .. 17.20 . . . . . . .. ... 17.01
March 17.05 17.00 17.05 17.00 17.00 17.00 .. 17.00 . . . . . . .. ... 16.76
April 18.25 18.30 18.25 18.25 18.25 18.30 18.05 18.25 . . . . . . .. ... 16.58
May 18.65 18.65 18.65 18.70 18.75 18.65 18.40 18.70 . . . . . . .. ... 18.24
June 18.00 18.05 17.95 18.00 18.00 18.05 17.80 18.00 . . . . . . .. ... 17.30
July 16.40 16.40 16.05 16.35 16.30 16.40 16.15 16.35 . . . . . . .. ... 15.85
August 16.05 16.05 15.80 16.00 16.00 16.05 15.80 16.00 . . . . . . .. ... 16.03
September 16.80 16.80 16.70 16.80 16.75 16.80 16.60 16.80 .. . . . . . .. ... 16.55
October 16.45 16.50 16.40 16.50 16.45 16.50 16.30 16.50 .. . . . . . .. ... 16.05
November 16.80 16.80 16.65 16.80 16.75 16.80 16.65 16.80 .. . . . . . .. ... 16.74
December 17.75 17.85 17.65 17.85 17.80 17.85 17.60 17.85 .. . . . . . .. ... 17.82
                                   
1996                                  
January 18.15 18.23 17.78 18.23 18.25 18.14 17.99 18.20 18.20 . . . . . .. ... 17.86
February 18.20 18.43 18.28 18.43 18.35 18.34 18.19 18.40 18.35 . . . . . .. ... 18.08
March 20.50 20.73 20.23 20.73 20.55 20.64 20.44 20.70 20.55 . . . . . .. ... 19.93
April 21.55 21.63 20.63 21.63 21.45 21.54 21.64 21.60 21.35 . . . . . .. ... 20.70
May 19.50 19.53 19.08 19.53 19.50 19.44 19.54 19.50 19.30 . . . . . .. ... 19.01
June 18.85 18.88 18.48 18.88 18.75 18.79 18.79 18.85 18.55 . . . . . .. ... 18.41
July 20.05 20.03 19.68 20.08 19.95 19.94 19.99 20.05 19.80 . . . . . .. ... 19.71
August 20.85 20.88 20.98 20.88 20.80 20.79 20.84 20.85 20.80 . . . . . .. ... 20.31
September 22.90 22.93 22.88 22.93 22.85 22.84 22.94 22.90 22.85 . . . . . .. ... 22.55
October 22.40 24.43 23.98 24.48 24.45 24.34 24.49 24.45 24.40 . . . . . .. ... 24.05
November 22.90 23.08 23.28 23.13 23.05 22.99 23.24 23.10 23.10 . . . . . .. ... 22.76
December 24.00 24.13 24.28 24.18 24.20 24.04 24.14 24.15 24.15 . . . . . .. ... 23.64
                                   
1997                                  
January 23.65 23.85 23.65 23.90 23.85 23.85 23.70 23.90 23.90 . . . . . .. ... 23.58
February 21.25 21.40 21.25 21.45 21.30 21.40 21.35 21.45 21.35 . . . . . .. ... 20.53
March 19.35 19.45 19.05 19.45 19.20 19.45 19.45 19.45 19.20 . . . . . .. ... 18.74
April 17.55 17.55 17.30 17.55 17.35 17.55 17.55 17.55 17.40 . . . . . .. ... 17.67
May 19.15 19.20 18.80 19.10 19.15 19.20 19.15 19.10 19.00 . . . . . .. ... 19.25
June 17.70 17.85 17.50 17.70 17.65 17.85 17.85 17.70 17.60 . . . . . .. ... 17.59
July 18.70 18.75 18.50 18.75 18.65 18.75 18.80 18.75 18.55 . . . . . .. ... 18.50
August 18.90 18.95 18.70 18.95 18.90 18.95 18.95 18.95 18.85 . . . . . .. ... 18.46
September 18.65 18.65 18.45 18.65 18.55 18.65 18.80 18.65 18.65 . . . . . .. ... 18.85
October 20.05 20.10 19.95 20.10 20.10 20.10 20.25 20.10 20.15 . . . . . .. ... 19.64
November 19.20 19.30 19.05 19.30 19.25 19.30 19.35 19.30 19.25 . . . . . .. ... 18.96
December 17.30 17.35 17.25 17.35 17.35 17.35 17.25 17.35 17.45 . . . . . .. ... 16.86
                                   
1998                                  
January 15.30 15.35 15.20 15.35 15.35 15.35 15.30 15.35 15.45 . . . . . .. ... 15.04
February 14.05 14.15 14.00 14.15 14.05 14.15 14.20 14.15 14.15 . . . . . .. ... 13.54
March 13.10 13.25 12.85 13.15 13.10 13.25 13.25 13.15 13.10 . . . . . .. ... 13.23
April 13.55 13.60 13.30 13.55 13.55 13.60 13.60 13.55 13.45 . . . . . .. ... 13.62
May 14.25 14.30 14.20 14.15 14.10 14.30 14.15 14.15 14.15 . . . . . .. ... 14.30
June 11.55 11.85 11.35 11.85 11.60 11.85 11.65 11.85 11.80 . . . . . .. ... 11.76
July 11.70 11.60 11.45 11.65 11.75 11.60 11.60 11.65 11.65 . . . . . .. ... 12.09
August 12.15 12.05 11.75 12.15 12.10 12.05 12.05 12.15 12.05 . . . . . .. ... 12.06
September 13.55 13.35 12.90 13.25 13.35 13.35 13.30 13.25 13.40 . . . . . .. ... 13.66
October 12.65 12.50 12.30 12.30 12.65 12.50 12.10 12.30 12.55 . . . . . .. ... 15.36
November 10.95 10.80 10.75 10.80 10.95 10.80 10.65 10.80 11.00 . . . . . .. ... 10.56
December 10.00 9.90 9.80 10.00 10.10 9.90 9.80 10.00 10.15 . . . . . .. ... 9.89
                                   
1999                                  
January 11.10 11.30 11.05 11.25 11.40 11.30 11.15 11.25 11.45 . . . . . .. ... 11.09
February 10.30 10.45 10.10 10.40 10.55 10.45 10.10 10.40 10.50 . . . . . .. ... 10.26
March 12.55 12.50 12.30 12.45 12.65 12.50 12.35 12.45 12.40 . . . . . .. ... 12.58
April 15.30 15.20 14.95 15.30 15.30 15.20 15.10 15.30 15.15 . . . . . .. ... 15.50
May 15.05 15.05 14.60 15.00 15.05 15.05 14.95 15.00 15.05 . . . . . .. ... 14.68
June 15.65 15.65 15.25 15.65 15.80 15.65 15.50 15.65 15.70 . . . . . .. ... 16.56
July 19.00 19.00 18.60 18.90 19.10 19.00 18.85 18.90 19.05 . . . . . .. ... 19.24
August 20.40 20.40 19.95 20.15 20.40 20.40 20.15 20.15 20.35 . . . . . .. ... 20.48
September 22.35 22.40 21.95 22.30 22.45 22.40 22.25 22.30 22.40 . . . . . .. ... 22.61
October 21.95 21.95 21.60 21.85 22.15 21.95 21.75 21.85 21.95 . . . . . .. ... 21.77
November 24.65 24.70 24.35 24.65 24.75 24.70 24.60 24.65 24.55 . . . . . .. ... 25.17
December 25.75 25.70 25.35 25.80 25.90 25.70 25.65 25.80 25.80 . . . . . .. ... 25.73
                                   
2000                                  
January 25.90 25.95 25.60 26.00 26.05 25.95 25.70 26.00 25.65 25.35 26.00 . . . .. ... 25.12
February 28.20 28.35 27.65 28.15 28.30 28.35 28.20 28.15 27.90 27.50 28.50 . . . .. ... 27.61
March 27.65 27.75 27.05 27.60 27.55 27.75 27.70 27.60 26.90 27.10 28.20 . . . .. ... 27.50
April 22.85 23.10 22.40 22.75 23.30 23.10 23.00 22.75 22.55 22.30 23.50 21.75 22.15 23.10 .. ... 22.64
May 27.95 27.95 27.50 27.75 27.95 27.95 27.95 27.75 27.60 27.50 28.65 26.90 27.75 28.00 .. ... 27.53
June 30.10 30.15 29.60 29.95 29.85 30.15 30.05 29.95 29.80 29.60 30.90 29.05 29.85 30.25 .. ... 29.67
July 28.15 28.65 28.00 28.25 27.90 28.65 28.15 28.25 27.65 28.10 28.70 27.35 28.55 29.00 .. ... 28.81
August 29.60 30.20 29.75 29.95 29.60 30.20 30.15 29.95 29.30 29.70 30.00 28.30 29.70 30.40 .. ... 29.77
September 31.65 31.95 32.20 32.30 31.95 31.95 31.85 32.30 31.55 30.55 30.65 30.70 31.05 31.75 .. ... 32.92
October 30.80 31.45 30.70 30.45 31.30 31.45 31.40 30.45 30.75 30.80 31.85 30.20 31.00 31.50 .. ... 30.84
November 32.45 32.95 32.65 33.10 32.90 32.95 32.90 33.10 32.25 32.40 33.70 31.80 32.80 33.20 .. ... 32.27
December 25.20 25.75 25.30 25.55 25.35 25.75 25.65 25.55 25.30 25.10 26.45 24.40 25.30 26.25 .. ... 25.07
                                   
2001                                  
Januar 25.65 26.20 25.75 26.10 25.90 26.20 26.20 26.10 25.40 25.70 26.85 24.80 25.90 26.75 .. ... 25.13
February 27.65 28.05 27.35 27.70 27.70 28.05 28.05 27.70 26.65 27.20 28.65 26.65 27.25 28.30 .. ... 27.66
March 24.25 24.45 24.10 24.25 24.45 24.45 24.55 24.25 23.20 24.10 24.70 23.20 24.25 24.80 .. ... 24.76
April 25.45 25.75 25.20 25.40 25.55 25.75 25.60 25.40 24.35 25.35 26.35 23.95 25.70 25.95 .. ... 25.32
May 28.75 28.80 28.35 28.50 28.60 28.80 28.70 28.50 27.65 28.25 29.30 26.60 28.60 29.35 .. ... 28.28
June 27.80 27.50 27.20 27.40 28.00 27.50 28.10 27.40 26.95 27.65 28.80 25.50 27.50 28.25 .. ... 27.90
July 24.15 24.30 23.95 24.15 24.30 24.30 23.95 24.15 23.65 23.85 24.70 22.35 23.55 24.65 .. ... 24.64
August 25.75 25.80 25.30 25.75 25.55 25.80 25.40 25.75 25.10 25.45 26.30 23.75 25.60 26.15 .. ... 25.57
September 25.35 25.45 25.10 25.50 25.45 25.45 25.10 25.50 24.95 25.10 26.25 23.95 25.05 26.00 .. ... 25.39
October 20.20 20.30 20.35 20.45 20.35 20.30 20.35 20.45 19.80 20.15 20.75 18.65 19.90 20.70 .. ... 20.50
November 18.90 19.20 18.90 19.00 19.05 19.20 18.80 19.00 18.30 18.60 19.55 17.05 18.90 19.55 .. ... 19.18
December 18.60 18.70 18.60 18.70 18.80 18.70 18.40 18.70 18.15 18.15 18.95 17.25 18.35 19.10 .. ... 18.96
                                   
2002                                  
Januar 19.35 19.40 19.35 19.30 19.60 19.40 18.95 19.30 18.85 18.85 19.95 17.75 18.80 19.25 .. ... 19.55
February 20.00 19.70 19.75 19.75 20.35 19.70 19.65 19.75 19.65 19.60 20.50 18.75 19.35 19.95 .. ... 20.74
March 23.30 23.10 23.20 23.20 23.35 23.10 23.15 23.20 23.05 23.05 23.20 21.80 22.85 23.30 .. ... 24.83
April 25.25 24.95 24.85 25.15 25.15 24.95 25.00 25.15 24.90 25.20 25.35 23.35 ... 25.30 .. ... 25.58
May 24.60 24.60 24.35 24.50 24.90 24.60 24.35 24.50 24.55 24.70 ... 23.00 ... 24.65 .. ... 24.94
June 23.90 23.85 23.80 23.90 23.95 23.85 23.70 23.90 23.55 23.65 23.95 22.45 23.25 23.90 .. ... 24.57
July 25.85 25.80 25.67 25.87 25.80 25.78 25.52 25.83 25.50 25.45 25.83 24.60 ... 25.90 .. ... 25.64
August 26.75 26.75 26.67 26.72 26.85 26.73 26.47 26.68 26.35 26.50 26.78 25.40 ... 26.70 .. ... 27.07
September 28.50 28.55 28.12 28.42 28.55 28.53 28.22 28.38 28.25 28.35 28.28 27.25 ... 28.20 .. ... 28.99
October 27.55 27.35 27.17 27.42 27.75 27.33 27.17 27.38 27.25 27.45 27.78 26.40 ... 27.60 .. ... 26.79
November 24.15 24.10 24.07 24.07 24.25 24.08 23.82 24.03 24.20 23.95 24.33 22.50 ... 24.10 .. ... 24.44
December 28.75 28.90 28.57 28.82 28.90 28.88 28.22 28.78 28.50 28.65 29.03 27.65 ... 28.80 .. ... 29.50
                                   
2003                                  
Januar 32.15 32.10 32.30 32.35 32.00 32.10 31.30 32.35 31.50 31.80 33.15 30.60 ... 32.00 .. ... 31.21
February 33.10 33.30 33.25 33.40 33.15 33.30 33.05 33.40 32.50 32.85 33.85 32.00 ... 33.35 .. ... 33.08
March 31.15 31.40 31.45 31.45 31.25 31.40 31.30 31.45 30.45 31.10 31.35 30.30 ... 31.75 .. ... 28.97
April 25.30 25.65 25.40 25.65 25.30 25.65 25.30 25.65 24.80 25.40 26.60 23.85 ... 25.55 23.65 ... 24.48
May 25.70 25.60 25.25 25.75 25.75 25.60 25.20 25.75 25.25 26.00 25.90 24.70 ... 25.75 23.95 ... 26.77
June 27.95 27.90 27.80 28.00 27.95 27.90 27.40 28.00 27.50 27.85 28.00 26.90 ... 27.95 26.15 ... 27.64
July 28.55 28.45 28.70 28.65 28.60 28.45 28.35 28.65 28.40 28.50 28.50 27.55 ... 28.80 27.10 ... 29.20
August 29.95 29.80 29.90 29.90 29.95 29.80 29.55 29.90 29.70 29.85 29.75 28.80 ... 29.85 28.25 ... 27.67
September 27.30 27.15 27.10 27.20 27.25 27.15 27.15 27.20 27.10 27.30 27.40 26.40 ... 27.10 25.65 ... 29.32
October 29.90 29.80 29.65 29.90 29.85 29.80 29.70 29.90 29.25 29.55 30.15 29.00 ... 29.30 28.20 ... 29.27
November 29.10 29.20 29.15 29.35 29.10 29.20 29.15 29.35 28.50 28.95 29.60 27.95 ... 29.45 27.55 ... 28.76
December 29.85 30.20 29.90 30.15 30.00 30.20 30.05 30.15 29.55 29.80 30.30 28.70 ... 30.45 28.15 ... 29.81
                                   
2004                                  
Januar 31.25 31.90 31.90 31.90 31.50 31.90 31.85 31.90 31.05 31.50 32.15 30.10 ... 32.10 29.85 ... 31.18
February 30.90 31.40 31.50 31.25 31.10 31.40 31.65 31.25 30.45 31.35 31.60 29.65 ... 32.30 29.30 ... 31.71
March 34.10 34.45 34.30 34.50 34.40 34.45 34.50 34.50 33.35 34.40 35.00 32.60 ... 34.80 31.95 ... 33.78
April 33.65 33.65 33.55 33.60 33.70 33.65 34.00 33.60 32.95 33.55 34.60 31.90 ... 34.70 31.90 ... 34.24
May 38.05 38.30 37.85 38.20 37.90 38.30 38.10 38.20 37.30 37.95 38.90 36.15 ... 39.25 35.90 ... 38.22
June 35.55 35.75 35.40 35.85 35.45 35.75 35.40 35.85 34.55 35.50 36.40 33.80 ... 36.75 33.15 ... 34.75
July 38.20 38.30 38.35 38.35 38.20 38.30 38.30 38.35 37.75 38.45 39.20 36.85 ... 39.35 35.15 ... 38.30
August 43.85 44.15 43.90 43.90 43.75 44.15 44.05 43.90 42.75 43.95 45.10 41.75 ... 45.05 41.15 ... 43.05
September 43.65 43.95 43.45 44.30 43.85 43.95 44.10 44.30 42.75 44.50 45.15 41.90 ... 45.00 40.70 ... 43.25
October 50.05 50.25 49.95 50.10 50.10 50.25 50.30 50.10 49.00 50.15 51.15 47.85 ... 50.80 - ... 49.07
November 41.95 43.45 43.30 43.65 42.60 43.45 43.65 43.65 42.00 43.40 45.80 40.35 ... 44.85 37.25 ... 42.02
December 38.25 39.70 39.40 39.70 39.20 39.70 39.95 39.70 37.40 39.65 39.75 37.55 ... 39.95 34.25 ... 39.21
                                   
2005                                  
Januar 44.15 45.10 45.15 45.15 44.45 45.10 45.25 45.15 43.40 45.05 45.50 41.60 45.25 46.15 39.80 ... 44.25
February 45.15 45.65 44.85 45.35 45.45 45.65 45.95 45.35 44.45 45.60 44.90 42.60 44.95 47.05 39.30 ... 45.35
March 52.60 53.15 52.55 53.15 53.00 53.15 53.00 53.15 52.20 53.00 54.10 50.10 53.05 54.15 48.35 ... 52.90
April 50.90 51.95 51.95 52.10 51.65 - 52.00 - 51.35 52.00 52.60 49.50 51.40 52.95 45.95 ... 51.80
May 47.75 48.15 - - 47.95 - 47.45 - 48.05 48.70 49.25 46.05 48.00 49.80 44.85 ... 48.55
June 53.80 54.20 - - 54.25 - 53.95 - 53.85 54.65 55.05 52.10 53.60 55.50 48.35 ... 54.40
July 57.65 57.95 - 58.10 57.75 - 57.75 - 57.40 58.30 58.30 55.30 57.75 58.95 52.25 50.85 57.61
August 64.45 64.65 - 64.95 64.55 - 64.55 - 64.65 64.95 65.85 62.10 64.45 65.70 59.60 57.00 64.46
September 62.70 63.65 - 63.00 62.85 - 63.60 - 63.60 64.20 64.05 60.60 63.05 64.45 59.35 54.80 62.90
October 58.30 58.70 - 58.85 58.95 - 58.95 - 59.60 60.05 60.50 56.50 58.65 59.65 53.45 50.35 58.70
November 55.50 56.50 - 56.15 55.85 - 55.70 - 56.25 57.15 57.15 53.30 56.45 57.45 49.95 46.75 55.50
December 57.05 58.10 - 58.10 57.55 - 58.10 - 57.95 58.90 58.90 55.05 57.50 58.95 52.25 48.85 56.60
                                   
2006                                  
Januar 63.45 64.50 - 63.75 63.90 - 63.80 - 63.60 64.45 65.00 60.90 63.90 65.45 58.30 54.95 62.80
February 59.95 60.75 - 60.55 60.45 - 60.50 - 60.15 60.60 60.70 57.75 60.75 61.75 53.60 51.00 59.90
March 61.90 62.30 - 62.35 62.50 - 62.30 - 62.00 62.60 63.20 59.90 61.75 63.30 58.15 54.25 61.20
1  FOB Teeside.
2  Up to Q3 1993 Gullfaks C is included in the price.
3  FOB loading buoy.
4  FOB Sture.
5  FOB Mongstad.
6  FOB ship.
7  FOB Mongstad/free deliveryTetney.
Source: Ministry of Petroleum and Energy. Petroleum Intelligence Weekly.
More information:  http://www.odin.dep.no/oed/engelsk/  and  http://www.ssb.no/english/subjects/10/06/20/ .

Explanation of symbols