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  1. www.eia.gov › todayinenergy › detailCrude oil prices increased in first-half 2022 and declined in ...

    Jan 4, 2023 · From June 8 through the remainder of 2022, crude oil prices generally decreased as concerns about a possible economic recession reduced demand. High petroleum prices were one cause of persistent broad-based inflation in 2022 that affected consumer budgets and gasoline demand.

    • Brent

      prices; map; states; exports/imports; international; coal;...

  2. www.gov.nl.ca › fin › brent-crude-trackingOil Prices – Budget Assumptions vs. Daily Brent Spot Prices

    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.

  3. www.cer-rec.gc.ca › en › data-analysisMarket Snapshot: Crude Oil Imports Declined in 2022, While ...

    Aug 16, 2023 · The total cost of imported crude oil was $21.5 billion in 2022, 46% higher than the $14.7 billion cost in 2021.

  4. www.gov.nl.ca › fin › economicsOil Production Up 1.0% in April 2024 - Finance

    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.

  5. www.cbc.ca › news › canadaN.L. posts unexpected $479M surplus on higher oil revenues ...

    • An Uncertain Future
    • Future Fund
    • An Improved — But Volatile — Situation

    Coady said the improved situation has resulted in all three of the provincial government's credit agencies moving their outlooks for Newfoundland and Labrador from negative to stable. Oil prices are higher than projected — up from $86 US per barrel to $102 per barrel — and production is up, from 83.1 million barrels to 85.2 million barrels. Total p...

    See full list on cbc.ca

    Coady announced the provincial government will contribute $157 million to a fund it will eventually use to pay down debt. Last week, the provincial government announced details of legislation to create what it's calling a "future fund," where it plans to deposit a portion of oil royalties and revenues from the sale of assets over $5 million. Accord...

    See full list on cbc.ca

    Coady said the province is seeing "solid" signs of economic growth, but she pointed to rumbles of a global economic recession that could signal potential future difficulties. The provincial government previously hinted at the improved outlook when it announced one-time cheques for residents who earn $125,000 or less would be delivered this fall. Co...

    See full list on cbc.ca

  6. www.cbc.ca › nl-oil-prices-march-25/2022/1In 2nd surprise price increase of the week, diesel, furnace ...

    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 by...

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  8. www.cbc.ca › news › canadaDiesel, furnace oil prices rise again while gas stays steady ...

    Apr 1, 2022 · With global fuel prices continue to shift, the Public Utilities Board has stepped in again to adjust prices of diesel, furnace oil and stove heating oil in Newfoundland and Labrador on...