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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.
Home - Petroleum Products Pricing. Current Maximum Petroleum Products Pricing for Base Zone: June 27, 2024. Media Release. Reg Self-Serve. Base Zone. 180.1. Diesel. Base Zone. 182.5.
Oil production increased by 8.9% to 104 million barrels, as higher output from Hebron, Hibernia and White Rose offset declines from Terra Nova. The estimated value of production fell by 29.4% to $5.8 billion, due to lower prices of oil. well as salmonid mortality events. The The price of Brent crude oil averaged
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Brent crude oil prices increased in May 2024, averaging US$81.75/barrel, up 8.3% from US$75.47/barrel in May 2023. The estimated value of Newfoundland and Labrador’s crude oil output is in Canadian dollars; the average Canada-US exchange rate in April 2024 stood at 73.1 cents/US dollar, compared to 74.2 cents/US dollar in April 2023.
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...
2.1 Energy Market Context. Over the past three months, global oil prices have exhibited increased volatility. Prices rose steadily in May and June before peaking in early July with West Texas Intermediate (WTI) at $75.25 USD per barrel on July 13 th while Brent reached $77.16 on July 5 th.
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Jul 9, 2021 · Then there’s price uncertainty because the Organization of the Petroleum Exporting Countries (OPEC) is considering an increase in production. Still, Barnes said even if OPEC decides to increase production, causing a price drop, a price of around $50 to $70 a barrel is still profitable for producers.
