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Prices of furnace oil, diesel in P.E.I. increase Oct. 19, 2023


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CHARLOTTETOWN, P.E.I. — It’s dearer to warmth with oil after the Island Regulatory and Appeals Fee (IRAC) introduced an unscheduled enhance to the worth of furnace oil in a single day.

In its adjustment, which went into impact at 12:01 a.m. on Oct. 19, IRAC mentioned the worth of furnace oil elevated by 6.0 cents per litre (cpl).

With the change, the utmost worth of furnace oil is 166.8 cpl.

IRAC additionally introduced a rise to the worth of diesel, which went up by 7.0 cpl.

The value of diesel ranges from 214.4 to 215.5 cpl.

There was no change to the worth of gasoline, which ranges from 162.0 to 163.2 cpl for normal self-serve.

IRAC’s subsequent scheduled pricing adjustment is Oct. 20.

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