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  1. 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. Oct 6, 2022 · The price of furnace oil in the province went up by 6.6 cents per litre in the weekly price adjustment from the Public Utilities Board on Thursday. Furnace oil has been sitting around $1.50...

  3. Current Maximum Petroleum Products Pricing for Base Zone: June 27, 2024. Media Release. Reg Self-Serve. Base Zone. 180.1. Diesel. Base Zone. 182.5.

  4. Retail Petroleum Product Prices. As of April 10th, 2001, the responsibility for the monitoring of gasoline and residential fuel oil prices in the province was transferred to the Newfoundland and Labrador Petroleum Products Pricing Commission.

  5. 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.

  6. Sep 30, 2021 · Heating fuel will also see an increase across the board. Furnace oil increased by 1.96 cents per litre and stove oil increases by 1.96 cents on the island while bumping up by 3.79 cents per...

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  8. Jul 9, 2021 · Then there’s price uncertainty because the Organization of the Petroleum Exporting Countries (OPEC) is considering an increase in production. Still, Barnes said even if OPEC decides to increase production, causing a price drop, a price of around $50 to $70 a barrel is still profitable for producers.