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.

Gasoline Prices in Canada remained unchanged at 1.08 USD/Liter in June. This dataset provides the latest reported value for - Canada Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The average retail price for regular, unleaded gasoline at self-service stations in Canada was ***** Canadian cents per liter in May 2025. This was a slight increase 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 which 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.

Canada: Gasoline prices at the pump, in dollars per liter: The latest value from 2016 is 0.81 dollars, a decline from 1.17 dollars in 2014. In comparison, the world average is 0.98 dollars, based on data from 165 countries. Historically, the average for Canada from 1992 to 2016 is 0.77 dollars. The minimum value, 0.41 dollars, was reached in 1998 while the maximum of 1.32 dollars was recorded in 2012.

Gasoline rose to 2.19 USD/Gal on July 11, 2025, up 1.65% from the previous day. Over the past month, Gasoline's price has risen 1.03%, but it is still 12.72% lower than a year ago, 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 July of 2025.

Natural gas in the Alberta hub region in Canada stood at 2.75 U.S. dollars per million British thermal unit in 2021, an increase of around 74 percent when compared to the previous year. During the period in consideration, figures presented a trend of decline, despite some oscillation. Overall, Canadian natural gas prices decreased by 2.08 U.S. dollars per million British thermal unit, peaking in 2008 at nearly eight U.S. dollars per million British thermal unit.

This dataset provides monthly, quarterly and annual average regular or premium unleaded gasoline pump prices, taxes and ex-tax pump prices in Canada, USA, France, Germany, Britain and Japan, all converted to Canadian cents per litre. To view charts and current fuel price data you can also visit the motor fuel prices page. *[USA]: United States of America

Average gasoline prices increased between December 19 and December 20, 2022, reaching 138.9 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.

Natural gas rose to 3.36 USD/MMBtu on July 11, 2025, up 0.58% from the previous day. Over the past month, Natural gas's price has fallen 3.89%, but it is still 44.10% higher than a year ago, 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 July of 2025.

Avg Retail Price: Regular Gasoline: Northwest Territories: Yellowknife data was reported at 162.700 0.01 CAD/l in Mar 2025. This records an increase from the previous number of 162.400 0.01 CAD/l for Feb 2025. Avg Retail Price: Regular Gasoline: Northwest Territories: Yellowknife data is updated monthly, averaging 109.500 0.01 CAD/l from Jan 1990 (Median) to Mar 2025, with 423 observations. The data reached an all-time high of 208.100 0.01 CAD/l in Jun 2022 and a record low of 58.900 0.01 CAD/l in Jan 1990. Avg Retail Price: Regular Gasoline: Northwest Territories: Yellowknife data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.P016: Gasoline Price at Self Service Filling Stations. [COVID-19-IMPACT]

The average monthly price for natural gas in the United States amounted to **** nominal U.S. dollars per million British thermal units (Btu) in May 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 2023. 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 2023, the U.S. produced more than ************ cubic meters of natural gas, which allays domestic demand and allows for far lower purchasing prices.

These data files detail the differences in wholesale cost of gasoline and diesel between two major trading hubs: * Toronto and New York Harbor * Thunder Bay and Edmonton. Prices are listed in cents per litre.

Avg Retail Price: Premium Gasoline: Prince Edward Island: Charlottetown & Summerside data was reported at 174.900 0.01 CAD/l in Mar 2025. This records a decrease from the previous number of 182.600 0.01 CAD/l for Feb 2025. Avg Retail Price: Premium Gasoline: Prince Edward Island: Charlottetown & Summerside data is updated monthly, averaging 104.200 0.01 CAD/l from Jan 1990 (Median) to Mar 2025, with 423 observations. The data reached an all-time high of 222.500 0.01 CAD/l in Jun 2022 and a record low of 51.700 0.01 CAD/l in Mar 1999. Avg Retail Price: Premium Gasoline: Prince Edward Island: Charlottetown & Summerside data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.P016: Gasoline Price at Self Service Filling Stations. [COVID-19-IMPACT]

Get the latest insights on price movement and trend analysis of Gasoline in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

The 2025 annual OPEC oil price stood at ***** U.S. dollars per barrel, as of May. This would be lower than the 2024 average, which amounted to ***** U.S. dollars. The abbreviation OPEC stands for Organization of the Petroleum Exporting Countries and includes Algeria, Angola, Congo, Equatorial Guinea, Gabon, Iraq, Iran, Kuwait, Libya, Nigeria, Saudi Arabia, Venezuela, and the United Arab Emirates. The aim of the OPEC is to coordinate the oil policies of its member states. It was founded in 1960 in Baghdad, Iraq. The OPEC Reference Basket The OPEC crude oil price is defined by the price of the so-called OPEC (Reference) basket. This basket is an average of prices of the various petroleum blends that are produced by the OPEC members. Some of these oil blends are, for example: Saharan Blend from Algeria, Basra Light from Iraq, Arab Light from Saudi Arabia, BCF 17 from Venezuela, et cetera. By increasing and decreasing its oil production, OPEC tries to keep the price between a given maxima and minima. Benchmark crude oil The OPEC basket is one of the most important benchmarks for crude oil prices worldwide. Other significant benchmarks are UK Brent, West Texas Intermediate (WTI), and Dubai Crude (Fateh). Because there are many types and grades of oil, such benchmarks are indispensable for referencing them on the global oil market. The 2025 fall in prices was the result of weakened demand outlooks exacerbated by extensive U.S. trade tariffs.

Avg Retail Price: Premium Gasoline: Northwest Territories: Yellowknife data was reported at 184.200 0.01 CAD/l in Mar 2025. This records an increase from the previous number of 183.900 0.01 CAD/l for Feb 2025. Avg Retail Price: Premium Gasoline: Northwest Territories: Yellowknife data is updated monthly, averaging 125.500 0.01 CAD/l from Sep 1991 (Median) to Mar 2025, with 403 observations. The data reached an all-time high of 223.600 0.01 CAD/l in Jun 2022 and a record low of 66.600 0.01 CAD/l in Dec 1991. Avg Retail Price: Premium Gasoline: Northwest Territories: Yellowknife data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.P016: Gasoline Price at Self Service Filling Stations. [COVID-19-IMPACT]

The Canadian gas station industry has been navigating a turbulent economic landscape, shaped largely by fluctuations in oil prices, economic instability and geopolitical tensions. These factors have sent oil prices swinging dramatically, impacting revenue and profit. In 2025, revenue will dip to $31.7 billion after falling by 3.1%. However, profit stability is expected as crude oil prices stabilize, even as the industry faces challenges from shifts toward electric vehicles and economic pressures like rising credit card fees. Over the past five years, the industry has experienced both highs and lows, but overall, revenue grew at a CAGR of 2.2%. Oil prices plunged in 2020, causing revenue drops, but later rebounded in 2021 and 2022, with growth linked to oil price surges of 91.4% and 43.8%. This pushed revenue up by almost 10.0% in 2022. Larger chains have gained market share, leveraging economies of scale to weather price fluctuations better than smaller competitors. Regional disparities, especially in Western Canada, highlighted these challenges as some areas faced higher gasoline prices due to limited refinery capacity. The shift towards convenience store models has been key for many stations, providing a buffer against fuel sales volatility, but this reclassifies these retailers out of the industry. Looking ahead, the next five years present a mixed bag for Canada's gas stations. Revenue is projected to reach $33.4 billion by 2030 with a modest CAGR of 1.1%. As electric vehicle adoption rises, driven by federal targets for zero-emission vehicles, traditional fuel sales might slump. The industry's response is to diversify offerings, incorporating EV charging stations, convenience stores and enhanced retail options to attract a broader customer base. Technological advancements in fuel dispensing and payment systems will further transform operations. Despite economic uncertainties and global oil price influences, gas stations can position themselves for growth by innovating and adapting to changing consumer demands and environmental policies.

Crude Oil rose to 68.75 USD/Bbl on July 11, 2025, up 3.27% from the previous day. Over the past month, Crude Oil's price has risen 1.04%, but it is still 16.37% lower than a year ago, 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 July of 2025.

Data presented at the national and provincial levels by sector (industrial, commercial, etc.) and estimates (customers, sales, etc.). Not all combinations are available.

Avg Retail Price: Premium Gasoline: Saskatchewan: Saskatoon data was reported at 178.500 0.01 CAD/l in Mar 2025. This records a decrease from the previous number of 179.900 0.01 CAD/l for Feb 2025. Avg Retail Price: Premium Gasoline: Saskatchewan: Saskatoon data is updated monthly, averaging 105.600 0.01 CAD/l from Jan 1990 (Median) to Mar 2025, with 423 observations. The data reached an all-time high of 224.600 0.01 CAD/l in Jun 2022 and a record low of 49.600 0.01 CAD/l in Jun 1991. Avg Retail Price: Premium Gasoline: Saskatchewan: Saskatoon data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.P016: Gasoline Price at Self Service Filling Stations. [COVID-19-IMPACT]