Pump prices take a dip as fuel costs fall across Newfoundland and Labrador

Drivers across Newfoundland and Labrador will see some relief at the pumps today as maximum fuel prices dropped across the province.

Gasoline prices decreased by up to 1.1 cents per litre, while diesel on the Island fell by as much as 2.5 cents per litre.

In western Labrador, diesel prices decreased by 2.3 cents per litre.

Heating fuel prices also declined. Furnace oil on the Island dropped by 2.15 cents per litre, while stove oil in western Labrador fell by 1.93 cents per litre.

The Public Utilities Board said the changes were based on the most recently available market data as of the close of business Aug. 13 and did not reflect more recent market activity.

The next scheduled fuel price adjustment was set for Tuesday, Aug. 18.