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  1. May 21, 2024 · Helima Croft, RBC Capital Markets global head of commodity strategy, joins 'Squawk Box' to discuss what's going on in the oil sector, what signals the oil market has given investors, and much...

    • 4 min
    • 9.6K
    • CNBC Television
  2. 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. 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...

    • 4 min
    • 1639
    • CTV News
  4. May 29, 2023 · The Newfoundland and Labrador oil sector is on the upswing. Projects threatened by the pandemic are back online. Construction and exploration work is accelerating.

  5. Mar 11, 2020 · 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. All five of Newfoundland and Labrador’s currently producing projects and recent discoveries are offshore [PDF].

  6. 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.

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  8. 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...