Furnace oil dips by more than 8 cents per litre in N.L. on Saturday
It's the 2nd time the price of furnace oil has decreased since Thursday
Newfoundland and Labrador's Public Utilities Board made an unscheduled fuel adjustment for the second straight day Saturday, lowering the price of furnace oil by over eight cents per litre.
The maximum price of furnace oil dropped by 8.29 cents per litre Saturday, according to a press release from the PUB. All other fuels are unaffected.
The change puts the price of a litre of stove oil between $1.628 and $1.658 on the Avalon Peninsula.
Elsewhere, prices range between $1.637 and $1.671 on Newfoundland's west coast, $1.671 per litre on the Burin and Bonavista peninsulas. $1.668 in central Newfoundland and between $1.647 and $1.693 on the Northern Peninsula.
The change was made due to recent market developments, the PUB said. Furnace oil also lowered as part of the PUB's scheduled adjustment on Thursday by 5.4 cents per litre.
Saturday marks the third straight day the PUB has made a fuel pricing adjustment. The price of all fuels decreased on Thursday, while stove oil and gasoline saw a second drop on Friday.
Comments
To encourage thoughtful and respectful conversations, first and last names will appear with each submission to CBC/Radio-Canada's online communities (except in children and youth-oriented communities). Pseudonyms will no longer be permitted.
By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses. Please note that CBC does not endorse the opinions expressed in comments. Comments on this story are moderated according to our Submission Guidelines. Comments are welcome while open. We reserve the right to close comments at any time.
Become a CBC Account Holder
Join the conversation Create account
Already have an account?