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     Oil firms hike fuel prices by up to P2.50/liter effective Sept 19. | INQToday

     Sep 18, 2023

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     Oil Prices Head for Biggest Annual Drop Since 2020

     Dec 29, 2023

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     Rising Onion & Edible Oil Prices: Food Inflation, First Challenge For Modi Government

     Jun 11, 2024

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2. www.youtube.com › watchAre low oil prices hurting Newfoundland's economy? - YouTube

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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...

   • Video Duration: 4 min
   • Views: 1639

   • Author: CTV News

3. www.youtube.com › watchOil prices under pressure: Here's what you need to know - YouTube

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   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...

   • Video Duration: 4 min
   • Views: 9.6K

   • Author: CNBC Television

4. www.youtube.com › watchWhy oil & gas prices are likely heading much higher - YouTube

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   Apr 5, 2022 · Goldman Sachs global head of commodities research Jeff Currie discusses where energy prices may be headed, and says some blame can be placed on lack of inves...

   • Video Duration: 8 min
   • Views: 53.5K

   • Author: CNBC Television

5. energynl.ca › 2021 › 07Will Newfoundland offshore oil industry reboot with rising ...

   energynl.ca › 2021 › 07

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   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.

6. www.ctvnews.ca › business › wildly-swinging-oilHow Newfoundland can gain from shifting gas prices | CTV News

   www.ctvnews.ca › business › wildly-swinging-oil

   Feb 21, 2023 · As the COVID-19 pandemic sent oil prices plummeting to historic lows, emails obtained by The Canadian Press show Newfoundland and Labrador was quietly bracing for two of its offshore...

7. www.cbc.ca › news › canadaHit hard by the pandemic, N.L.'s oil sector is on the rebound ...

   www.cbc.ca › news › canada

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   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.

8. People also ask

   What happened to oil prices in Newfoundland & Labrador?

   • 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.

   Will Newfoundland offshore oil industry reboot with rising ... - Energy NL

   energynl.ca/2021/07/will-newfoundland-offshore-oil-industry-reboot-with-rising-oil-prices/

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   Why is Newfoundland investing so much in offshore oil?

   • To understand why the province is investing so heavily in offshore oil at a time when the world recognizes the need to end the reliance on fossil fuels, it helps to rewind to March 2020. As COVID-19 was spreading, an oil price war between Saudi Arabia and Russia hit Newfoundland and Labrador hard.

   Why Newfoundland and Labrador is going all-in on offshore oil

   www.nationalobserver.com/2022/09/12/analysis/why-newfoundland-and-labrador-going-all-offshore-oil

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   Will Newfoundland and Labrador double offshore oil production by 2030?

   • At a time when the world recognizes the need to end the reliance on fossil fuels, Newfoundland and Labrador is planning to double offshore oil production by 2030. Here's why.

   Why Newfoundland and Labrador is going all-in on offshore oil

   www.nationalobserver.com/2022/09/12/analysis/why-newfoundland-and-labrador-going-all-offshore-oil

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   What is Newfoundland and Labrador doing about oil?

   • For Newfoundland and Labrador, oil is its major source of revenue and a perpetual thorn in its side. The province has ambitious plans to double offshore oil production by 2030, and is encouraging major oil companies to explore its offshore further in an attempt to attract multibillion-dollar investments.

   Why Newfoundland and Labrador is going all-in on offshore oil

   www.nationalobserver.com/2022/09/12/analysis/why-newfoundland-and-labrador-going-all-offshore-oil

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9. www.nationalobserver.com › 2022/09/12 › analysisWhy Newfoundland and Labrador is going all-in on offshore oil

   www.nationalobserver.com › 2022/09/12 › analysis

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   Sep 12, 2022 · As COVID-19 was spreading, an oil price war between Saudi Arabia and Russia hit Newfoundland and Labrador hard. The price of oil plummeted, creating a crisis for Canada’s easternmost province, which is heavily reliant on oil revenue to pay for services for its population of about 520,000.