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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.
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.
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.
Mar 25, 2022 · The northeast Avalon is set at $1.65 per litre, central Newfoundland is $1.69, Corner Brook area is $1.66, Stephenville is $1.69 and the Northern Peninsula is $1.67. Stove heating oil increased by...
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.
According to the Monthly Oil Market Report from August 2021, the OPEC estimates that global oil demand will be 96.6 million barrels per day (mb/d) this year, an increase of 6.0 mb/d over 2020. Next year, the demand is projected to grow by a further 3.3 mb/d or 3.4%, to 99.9 mb/d.
People also ask
Why are fuel prices rising again in Newfoundland & Labrador?
Who monitors fuel oil prices in Newfoundland and Labrador?
How much oil will OPEC demand in 2021?
What happened to oil prices in Newfoundland & Labrador?
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.
