Monthly average retail prices for gasoline and fuel oil for Canada, selected provincial cities, Whitehorse and Yellowknife. Prices are presented for the current month and previous four months. Includes fuel type and the price in cents per litre.

By June 2023, the Consumer Price Index of gasoline had reached 234.7 in Canada. This represented an increase of 41 points compared to June 2021. The province with the highest CPI for gasoline in June 2023 was British Columbia. The Consumer Price Index (CPI) is an instrument for measuring inflation. It estimates the average change in the prices of products consumed by households between two given periods and is based on the observation of a fixed basket of goods and services. In 2022, the average inflation rate in Canada was approximately 6.8 percent compared to the previous year.

Gasoline fell to 1.86 USD/Gal on December 2, 2025, down 0.53% from the previous day. Over the past month, Gasoline's price has fallen 2.79%, and is down 4.95% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gasoline - values, historical data, forecasts and news - updated on December of 2025.

The average retail price for regular, unleaded gasoline at self-service stations in Canada was ***** Canadian cents per liter in September 2025. This was a decrease compared to the previous month. Canada's gasoline prices are generally higher than those in the United States but lower than in many European countries. Why do gasoline prices fluctuate? Crude oil prices, along with changing levels of consumer demand, are the two main factors that directly affect retail prices of motor fuels. Prices can witness a rapid increase or decrease depending on impacts on crude oil supplies, refinery operations, or pipeline deliveries. Even if crude prices remain steady, seasonal changes in demand can still affect retail prices. As a large oil producer, Canada's motor fuel prices are closely linked to its benchmark Western Canadian Select crude oil price. Gasoline refining capacities As of January 2024, the global gasoline refining capacity amounted to *** million barrels per day. The United States and Canada were the region with the largest gasoline refining capacity at *** million barrels per day. Much of this refining capacity is located in the United States, specifically.

The global fuel energy price index stood at 157.89 index points in September 2025, up from 100 in the base year 2016. Figures decreased that month due to a fall in natural gas prices. The fuel energy index includes prices for crude oil, natural gas, coal, and propane. Supply constraints across multiple commodities The global natural gas price index surged nearly 11-fold, and the global coal price index rose almost seven-fold from summer 2020 to summer 2022. This notable escalation was largely attributed to the Russia-Ukraine war, exerting increased pressure on the global supply chain. Tariffs bring economic uncertainty With the global economy having adjusted to the effects of the Russia-Ukraine war, new uncertainty has emerged due to tariffs imposed by the Trump administration. If these tariffs are fully implemented, global trade could be significantly disrupted, mainly the bilateral trade between the world’s two largest economies. In 2025, import tariffs between China and the United States exceeded 130 percent on both sides, while their tariffs on imports from the rest of the world were around 10 percent. U.S. tariffs on Chinese imported goods reached a high of 134.7 percent in April of that year, while China imposed a 147.6 percent tariff on U.S. goods. Early estimates indicate that the impact of Trump’s proposed tariffs on the U.S. economy could amount to 0.4 percent of GDP, mainly driven by the reduced trade with Mexico, Canada and China.

Natural gas rose to 4.94 USD/MMBtu on December 3, 2025, up 2.04% from the previous day. Over the past month, Natural gas's price has risen 13.71%, and is up 62.29% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on December of 2025.

View monthly updates and historical trends for Vancouver, BC Average Retail Price for Regular Unleaded Gasoline at Self Service Filling Stations. Source: …

The average monthly price for natural gas in the United States amounted to *** nominal U.S. dollars per million British thermal units (Btu) in October 2025. By contrast, natural gas prices in Europe were about three times higher than those in the U.S. Prices in Europe tend to be notably higher than those in the U.S. as the latter benefits from being a major hydrocarbon producer. Europe's import reliance European prices for natural gas rose most notable throughout the second half of 2021 and much of 2022, peaking at over ** U.S. dollars per million Btu in August 2022. The sharp rise was due to supply chain issues and economic strain following the COVID-19 pandemic, which was further exacerbated by Russia’s invasion of Ukraine in early 2022. As a result of the war, many countries began looking for alternative sources, and Russian pipeline gas imports to the European Union declined as a result. Meanwhile, LNG was a great beneficiary, with LNG demand in Europe rising by more than ** percent between 2021 and 2024. How domestic natural gas production shapes prices As intimated, the United States’ position among the leaders of worldwide natural gas production is one of the main reasons for why prices for this commodity are so low across the country. In 2024, the U.S. produced more than ************ cubic meters of natural gas, which allays domestic demand and allows for far lower purchasing prices.

View monthly updates and historical trends for Montréal, QC Average Retail Price for Regular Unleaded Gasoline at Self Service Filling Stations. Source: S…

Average gasoline prices increased between December 19 and December 20, 2022, reaching ***** Canadian cents per liter. This reflects the uncertainty the crude oil market faces as economic sanctions are taken against Russia after its invasion of Ukraine on February 24. Retail price for regular gasoline in the country had increased throughout the past years.

View monthly updates and historical trends for Winnipeg, MB Average Retail Price for Regular Unleaded Gasoline at Self Service Filling Stations. Source: S…

Monthly average retail prices for food, household supplies, personal care items, cigarettes and gasoline. Prices are presented for the current month and previous four months. Prices are in Canadian current dollars.

After easing from a high of **** euros per liter in 2012, the price of diesel fuel in Greece reached **** euros per liter in 2021. In the period of consideration, 2003 saw the lowest price, when diesel fuel was available for an average price of ** euro cents per liter.Diesel around the worldThe price of diesel fuel varies greatly from country to country, with some of the most expensive prices being found in Europe. Italian diesel vehicle drivers were paying an average of **** U.S. dollars per liter for diesel fuel as of April 2020, while those in the United States were paying just ** cents.There is also an inconsistency among countries when it comes to the monthly change in the price of automotive diesel. Spain’s prices decreased **** percent between April 2019 and April 2020. Canada’s prices decreased by ** percent.Diesel vehicles on the decline Diesel vehicles were once a favorite of European drivers, but environmental concerns and regulatory changes have triggered a shift this has been changing in recent years. Between 2014 and 2018, the share of new passenger cars with diesel engines fell steeply across Europe. In Germany, shares dropped by approximately ** percent during this period to ** percent. This decline in popularity also had an impact on prices.

View monthly updates and historical trends for Calgary, AB Average Retail Price for Regular Unleaded Gasoline at Self Service Filling Stations. Source: St…

View monthly updates and historical trends for Saskatoon, SK Average Retail Price for Premium Unleaded Gasoline at Self Service Filling Stations. Source: …

On October 27, 2025, the Brent crude oil price stood at 65.14 U.S. dollars per barrel, compared to 61.31 U.S. dollars for WTI oil and 67.54 U.S. dollars for the OPEC basket. Oil prices rose slightly that week.Europe's Brent crude oil, the U.S. WTI crude oil, and OPEC's basket are three of the most important benchmarks used by traders as reference for global oil and gasoline prices. Lowest ever oil prices during coronavirus pandemic In 2020, the coronavirus pandemic resulted in crude oil prices hitting a major slump as oil demand drastically declined following lockdowns and travel restrictions. Initial outlooks and uncertainty surrounding the course of the pandemic brought about a disagreement between two of the largest oil producers, Russia and Saudi Arabia, in early March. Bilateral talks between global oil producers ended in agreement on April 13th, with promises to cut petroleum output and hopes rising that these might help stabilize the oil price in the coming weeks. However, with storage facilities and oil tankers quickly filling up, fears grew over where to store excess oil, leading to benchmark prices seeing record negative prices between April 20 and April 22, 2020. How crude oil prices are determined As with most commodities, crude oil prices are impacted by supply and demand, as well as inventories and market sentiment. However, as oil is most often traded in future contracts (where a contract is agreed upon while product delivery will follow in the next two to three months), market speculation is one of the principal determinants for oil prices. Traders make conclusions on how production output and consumer demand will likely develop over the coming months, leaving room for uncertainty. Spot prices differ from futures in so far as they reflect the current market price of a commodity.

Crude Oil fell to 59.17 USD/Bbl on December 2, 2025, down 0.25% from the previous day. Over the past month, Crude Oil's price has fallen 3.08%, and is down 15.40% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Crude Oil - values, historical data, forecasts and news - updated on December of 2025.