Content
About the statistics
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Name and topic
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Name: Oil and gas activities, international market conditions (discontinued)
Topic: Energy and manufacturing
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Responsible division
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Division for Energy and Environmental Statistics
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Definitions of the main concepts and variables
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Brent Blend: A major trading classification of light crude oil that is extracted in the North Sea. It serves as a major benchmark
price for purchases for oil worldwide. Brent Blend is traded on the InterContinentalExchange (ICE) in London.
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Standard classifications
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Not relevant
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Regional level
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Globally
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Frequency and timeliness
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Quarterly
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International reporting
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Not relevant
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Microdata
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Not relevant
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Background and purpose
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The statisisics gives a descriptive analysis of the development in the international oil market, represented by the development
in Brent Blend oil prices.
The analysis was earlier a part of the Official Statistics of Norway publication Oil and Gas activity.
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Users and applications
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Anyone who is interested in a desciptive analysis of the development in the international oil market.
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Coherence with other statistics
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Not relevant
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Legal authority
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Not relevant
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EEA reference
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Not relevant
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Population
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Not relevant
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Data sources and sampling
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IEAs Monthly Oil Market report is the source for the demand and supply data presentated in the statistics.
The source for the Brent Blend prices is ECOWIN.
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Collection of data, editing and estimations
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Not relevant
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Confidentiality
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Not relevant
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Comparability over time and space
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Not relevant
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Sources of error and uncertainty
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Not relevant
Find Brent Blend prices, both as a weekly and yearly average, dating back to 1998.
