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  1. 117.08. 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.

  2. stove oil heating fuel will increase by up to 6.80 cpl. These maximum prices reflect the change in the average benchmark price of the products since the Board last adjusted maximum prices on Thursday, August 25, 2022.

  3. Effective 12:01 a.m. Thursday, June 16, 2022, the Public Utilities Board set maximum prices for all regulated petroleum products in all areas of the province, except gasoline and diesel motor fuels and stove oil heating fuel in Zones 10, 11, 11a, 11b, and 14. propane heating fuel will decrease by 0.5 cpl.

  4. Oil Prices – Budget Assumptions vs. Daily Brent Spot Prices. 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.

  5. 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.

  6. In 2022, real GDP in the St. John’s Census Metropolitan Area (CMA) is forecast to decrease by 3.2% to $15.6 billion (in $2012), in comparison to an expected increase of 0.5% for the province as a whole. GDP growth in the CMA is being held back by declining oil production, which is expected to total 82.3 million barrels in 2022, a decrease of ...

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  8. 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...