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Feb 15, 2016 · Craig Alexander of the C.D. Howe Institute explains why the low dollar and weak oil prices in Newfoundland may be worse than in Alberta.Subscribe to CTV News...
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- CTV News
May 21, 2024 · Oil prices under pressure: Here's what you need to know. Helima Croft, RBC Capital Markets global head of commodity strategy, joins 'Squawk Box' to discuss what's going on in the oil sector,...
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- CNBC Television
Dec 29, 2023 · Oil prices are heading for the biggest annual drop since 2020 as war and OPEC+ production cuts failed to propel prices higher in a year dominated by supply growth outside of the grouping....
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- Bloomberg Television
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.
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
Sep 7, 2022 · Newfoundland and Labrador is betting its financial future on the hundreds of millions of barrels of oil buried off its coast. Here's what that looks like. #NLpoli. The map reveals clusters of investment activity.
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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 ).