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1. www.gov.nl.ca › fin › brent-crude-trackingOil Prices – Budget Assumptions vs. Daily Brent Spot Prices

   www.gov.nl.ca › fin › brent-crude-tracking

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   Budget assumptions versus daily Brent spot prices and year-to-date (YTD) averages. Fiscal Year. 2022-23; 2021-22; 2020-21; 2019-20; 2018-19; 2017-18; 2016-17; Note: The daily Brent spot prices are the daily Brent closing spot prices from the U.S. Energy Information Administration

2. energynl.ca › wp-content › uploadsNewfoundland and Labrador Offshore Oil & Gas Industry ...

   energynl.ca › wp-content › uploads

   The purpose of this report is to show how the oil and gas industry impacts the Newfoundland and Labrador economy and how potential growth in output in the years ahead could benefit the province. Specifically, the report will address: • The current economic impact of the offshore oil industry on the Newfoundland and Labrador economy, including:

3. www.gov.nl.ca › fin › economicsOil Production Up 1.0% in April 2024 - Finance

   www.gov.nl.ca › fin › economics

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   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.

4. energynl.ca › 2021 › 07Will Newfoundland offshore oil industry reboot with rising ...

   energynl.ca › 2021 › 07

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   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.

5. www.cbc.ca › news › canadaThis decade's oil boom is moving to offshore N.L. | CBC News

   www.cbc.ca › news › canada

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   Sep 1, 2022 · Producing offshore projects average a break-even price of $18.10 per barrel of oil equivalent, compared with $28.20 per barrel for onshore, according to Rystad. Other companies bought into...

6. www.cer-rec.gc.ca › en › data-analysisProvincial and Territorial Energy Profiles – Newfoundland and ...

   www.cer-rec.gc.ca › en › data-analysis

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   Energy Production. Crude Oil. In 2020, Newfoundland and Labrador’s oil production was 282.7 thousand barrels per day (Mb/d), or 5% of Canada’s overall production and 24% of Canada’s light oil production. ( Figure 1 ).

7. People also ask

   Will Newfoundland increase gas prices?

   • In its weekly Thursday fuel price adjustments, the PUB said interim increases to wholesale markups had been approved for Newfoundland. Specifically, the PUB approved an increase of five cents a litre for gas, and four cents a litre for diesel, furnace oil and stove oil.

   Fuel prices spike across island after North Atlantic pleads for PUB

   www.cbc.ca/news/canada/newfoundland-labrador/fuel-prices-north-atlantic-fuel-increase-approved-pub-1.5780226

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   How much did crude oil cost in September?

   • September monthly average crude oil prices increased in all sales categories. The average domestic crude oil first purchase price climbed $8.18 (10.3%) to $87.96 per barrel. The average free-on-board (f.o.b.) cost of imported crude oil rose $4.79 (6.4%) to $80.17 per barrel.

   Petroleum Marketing Monthly - U.S. Energy Information Administration …

   www.eia.gov/petroleum/marketing/monthly/

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   Why did crude oil & gasoline prices drop Friday?

   • Crude oil and gasoline prices Friday gave up early gains and closed moderately lower. Crude prices retreated Friday on US energy demand concerns after the June payroll report showed the US unemployment rate unexpectedly rose to a 2-1/2 year high, a sign of weakness in the labor market that is negative for the economy and energy demand.

   Crude Erases Early Gains and Settles Lower on Energy Demand Concerns

   www.theglobeandmail.com/investing/markets/commodities/NGX18/pressreleases/27232870/crude-erases-early-gains-and-settles-lower-on-energy-demand-concerns/

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   What happened to crude oil & gasoline prices in August?

   • August WTI crude oil ( CLQ24) on Friday closed down -0.72 (-0.86%), and Aug RBOB gasoline ( RBQ24) closed down -4.22 (-1.62%). Crude oil and gasoline prices Friday gave up early gains and closed moderately lower.

   Crude Erases Early Gains and Settles Lower on Energy Demand Concerns

   www.theglobeandmail.com/investing/markets/commodities/NGX18/pressreleases/27232870/crude-erases-early-gains-and-settles-lower-on-energy-demand-concerns/

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8. www.cer-rec.gc.ca › en › data-analysisMarket Snapshot: Offshore Newfoundland and Labrador heavy oil ...

   www.cer-rec.gc.ca › en › data-analysis

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   Mar 11, 2020 · Heavy oil production from this project accounted for 43% of Newfoundland and Labrador’s production in 2019, up from 27% in 2018. Figure 1. Crude oil production trend for offshore Newfoundland and Labrador from 2010 to the end of 2019