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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. Note: The daily Brent spot prices are the daily Brent closing spot prices from the U.S. Energy Information Administration.

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

   energynl.ca › 2021 › 07

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   Jul 9, 2021 · The trips have not been as frequent since 2020, the result of historically low oil prices due to the pandemic and resulting economic downturn. Last year oil prices dropped to below $20 a barrel. In Newfoundland and Labrador, the West White Rose extension project stalled, shutting down construction on a gravity-based platform at Argentia.

3. www.pub.nl.ca › PP_petroleumproductsBoard of Commissioners of Public Utilities

   www.pub.nl.ca › PP_petroleumproducts

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   Excluding Applicable Taxes. Propane. Base Zone. 101.9. Excluding Applicable Taxes. Current Maximum Pricing: Motor Fuel - Heating Fuel. Maximum Pricing All Zones. 2022-23 Petroleum Products Pricing Review. How Maximum.

4. 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 · Market Snapshot: Offshore Newfoundland and Labrador heavy oil production helps increase total crude production to levels last seen in 2009. Release date: 2020-03-11. Newfoundland and Labrador is the dominant producer of crude oil outside of western Canada, producing approximately 6% of Canada’s total production in 2019.

5. www.gov.nl.ca › iet › energyCrude Oil Prices - Industry, Energy and Technology

   www.gov.nl.ca › iet › energy

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   Crude Oil Prices. The following is a listing of the department’s crude oil reports in PDF format. 2013.

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

   www.gov.nl.ca › fin › economics

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   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.

7. People also ask

   What happened to oil prices in Newfoundland & Labrador?

   • Last year oil prices dropped to below $20 a barrel. In Newfoundland and Labrador, the West White Rose extension project stalled, shutting down construction on a gravity-based platform at Argentia. The floating production, storage and offloading vessel Terra Nova has been at anchor at Bull Arm since last summer.

   Will Newfoundland offshore oil industry reboot with rising ... - Energy NL

   energynl.ca/2021/07/will-newfoundland-offshore-oil-industry-reboot-with-rising-oil-prices/

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   How much oil did Newfoundland & Labrador produce in March 2024?

   • Approximately 5.9 million barrels of oil were extracted from offshore Newfoundland and Labrador in March 2024, nearly on par (-0.3%) with the production level of March 2023. The corresponding value of production increased by 7.6%.

   Oil Production Down 0.3% in March 2024 - Finance

   www.gov.nl.ca/fin/economics/eb-oil/

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   How much does stove oil cost in Newfoundland?

   • 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. The maximum price of stove oil now sits between $1.26 and $1.44 per litre in Newfoundland. Prices in Labrador were not changed, remaining between $1.41 and $1.95 per litre.

   Furnace oil drops almost 8 cents in unexpected price adjustment

   www.cbc.ca/news/canada/newfoundland-labrador/nl-fuel-prices-dec-12-23-1.7056004

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   Does Newfoundland & Labrador produce oil?

   • Newfoundland and Labrador is also the only Atlantic Canada province currently producing oil. Until recently, all production in Atlantic Canada has been light oil, with similar characteristics to Brent crude oil which is produced offshore in the North Sea between the United Kingdom and Norway.

   Figure 1. Crude oil production trend for offshore Newfoundland and

   www.cer-rec.gc.ca/en/data-analysis/energy-markets/market-snapshots/2020/market-snapshot-offshore-newfoundland-labrador-heavy-oil-production-helps-increase-total-crude-production-levels-last-seen-in-2009.html

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8. www.cbc.ca › news › canadaFurnace oil drops almost 8 cents in unexpected price ...

   www.cbc.ca › news › canada

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   Dec 12, 2023 · The maximum price of stove oil now sits between $1.26 and $1.44 per litre in Newfoundland. Prices in Labrador were not changed, remaining between $1.41 and $1.95 per litre.