Nfld. & Labrador

Price of stove oil drops by 28 cents in Newfoundland in unscheduled adjustment

The price of stove oil dropped in Newfoundland by 28 cents per litre Friday in an unplanned change in fuel prices by the province’s Public Utilities Board. It remained unchanged in Labrador.

Price of gas dropped by 9.3 cents per litre and the price of diesel by 7.9 cents

A red gas pump.
In a press release, the Public Utilities Board said it adjusted maximum prices outside its regular pricing schedule due to 'recent commodity market developments.' (Dan McGarvey/CBC)

The price of stove oil dropped in Newfoundland by 28 cents per litre Friday after an unscheduled change in fuel prices by the province's Public Utilities Board. Labrador was left unchanged.

The price of gas dropped by 9.3 cents per litre and the price of diesel by 7.9 cents. 

In a press release, the PUB said it adjusted maximum prices outside its regular pricing schedule due to "recent commodity market developments."

The maximum price of unleaded, self-serve gas now sits at $1.72 per litre in the Avalon Peninsula. The price varies across Newfoundland, costing $1.84 in Ramea and $1.74 in central Newfoundland. The current price of gas on Labrador's south coast sits at just over $2.32 per litre.

The price of stove oil on the northeast Avalon Peninsula northeast is  $1.71, the northwest at $1.74 and the south at $1.75. Stove oil sits at over $1.87 in the Grey River area and $1.88 in Gaultois, McCallum and Rencontre East.

Furnace oil and propane were not affected by the price adjustment.

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