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Saturday, June 25, 2011

Refined commodities trading down
Another break for consumers for this Thursday on the way


With turmoil in the markets playing a big factor in oil prices, it was but a matter of time before refined commodity prices started to take a precipitous trek downwards. And, so goes the word to consumers this week in Newfoundland and Labrador.

At least, so far...

Here's what I have with five days of data out of seven so far:
  • Heating and stove oils are down by 3.98 cents a litre.
  • Diesel is down by 4.2 cents, and...
  • Gasoline is pointing down by 3.9 cents a litre.
Could be a better than expected Thursday coming for us!

I'll try and keep everyone updated, but look for drops for Thursday as a certainty right now.

Regards,

George

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