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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. Jun 25, 2024 · Monthly average retail prices for gasoline and fuel oil for Canada, selected provincial cities, Whitehorse and Yellowknife. Prices are presented for the current month and previous four months. Includes fuel type and the price in cents per litre.

  3. This table shows the monthly All-Items Consumer Price Index (CPI-U) and annual inflation rates for Newfoundland and Labrador in 2021. You can find upcoming CPI release dates on our schedule page. These numbers are released by Statistics Canada.

  4. Jul 9, 2021 · 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.

    • Crude Oil Production Exceeds pre-pandemic Levels
    • Resurgence of Covid-19 Impacts Refinery Activity
    • Electricity Generation and Consumption Decline Year Over Year on Lower Demand
    • Production of Coal Continues to Decrease Year Over Year
    • Energy: Year in Review 2020
    • Contact Information

    Production of crude oil and equivalent products edged down 0.2% to 24.4 million cubic metres (153.4 million barrels) in December. Following eight consecutive monthly year-over-year production declines, December posted the smallest year-over-year change since March, signalling a possible easing of the effects of the COVID-19 pandemic on the Canadian...

    Measures imposed to tackle the resurgence of COVID-19 affected Canadian refinery activities in December. Inputs of crude oil to refineries fell 9.4% year over year to 7.7 million cubic metres—the lowest level in three months. Net production of finished petroleum products fell 10.3% year over year to 9.2 million cubic metres, primarily because of fi...

    Following a 5.1% decrease in November, electricity generation fell 1.3% year over year to 61.2 million megawatt-hours (MWh) in December. This decline was primarily driven by nuclear generation, down 14.1% year over year to 7.3 million MWh. Electricity generated from combustible fuels (-4.8% to 11.3 million MWh) was also down, mostly because of lowe...

    Coal production was down 14.1% year over year to 3.8 million tonnes in December, while coke production decreased 4.5% to 184.9 thousand tonnes.

    The COVID-19 pandemic greatly impacted the Canadian energy sector in 2020, with both production and consumption of energy products decreasing significantly. From March 2020 onward, government- and industry-enforced lockdowns and stay-at-home orders to prevent the spread of the coronavirus directly contributed to sharply lower demand, reduced econom...

    For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; STATCAN.infostats-infostats.STATCAN@canada.ca) or Media Relations (613-951-4636; STATCAN.mediahotline-ligneinfomedias.STATCAN@canada.ca).

  5. 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 to...

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  7. 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...