Newfoundland Furnace Oil Prices Exceed $2 Per Litre in Recent Adjustment
The recent adjustment from the Public Utilities Board has driven furnace oil prices in Newfoundland above $2 per litre. This marks a significant increase of over 3.8 cents per litre, particularly affecting the Avalon Peninsula.
Current Furnace Oil Prices in Newfoundland
Following the adjustment, furnace oil prices across Newfoundland are now estimated between $2 and $2.20 per litre, with variations based on location. This surge is an important change that impacts many residents and businesses relying on heating oil.
Other Fuel Price Changes
In addition to the increase in furnace oil, other fuel prices have also seen fluctuations:
- Gasoline: Prices decreased by 0.3 cents per litre, now ranging from $2.05 to $2.20 in Newfoundland and $1.60 to $2.15 in Labrador.
- Diesel: There was a notable increase of 4.5 cents per litre. Following a previous drop of 7.1 cents per litre, diesel prices now range between $2.53 and $2.66 in Newfoundland, and between $1.75 and $2.66 in Labrador.
- Stove Oil: Experienced a slight decrease of over 0.5 cents per litre, with prices in Labrador now between $1.28 and $2.10.
Conclusion
The latest price adjustments by the Public Utilities Board reflect the ongoing volatility in fuel markets. Residents across Newfoundland and Labrador must stay informed about these changes as they significantly affect daily expenses.
