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Budget assumptions versus daily Brent spot prices and year-to-date (YTD) averages. Fiscal Year. Note: The daily Brent spot prices are the daily Brent closing spot prices from the U.S. Energy Information Administration.
Oct 19, 2023 · Furnace oil increased by over 5.4 cents per litre, raising prices to between $1.37 and $1.55 per litre in Newfoundland. Stove oil increased by over 7.2 cents per litre across much of the...
Dec 12, 2023 · The decrease puts the price of stove oil between $1.19 and $1.22 per litre on the Avalon Peninsula, and between $1.21 and $1.38 per litre across the rest of Newfoundland.
Jan 25, 2024 · Prices now range from $2.034 to $2.391 per litre. In Newfoundland, stove oil heating fuel climbed 0.95 cents per litre, whereas western Labrador and Churchill Falls saw an increase of...
Jul 9, 2021 · The company announced a $6.8 billion plan in 2018 to develop Bay du Nord but deferred the project last year thanks to COVID and the crash in oil prices. Barnes said he expects the company could make an announcement on Bay du Nord by early 2022.
Nov 6, 2018 · ST. JOHN’S, N.L. – An unexpected windfall in oil riches has brought some much-needed economic relief to cash-strapped Newfoundland and Labrador. The province reported a $547-million deficit...
Oil Production Up 1.0% in April 2024. According to the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB), approximately 6.6 million barrels of oil were extracted from offshore Newfoundland and Labrador in April 2024, representing an increase of 1.0% compared to April 2023.
