Current Petroleum Prices - Island Regulatory & Appeals Commission

Petroleum Prices – March 27, 2026 – cents per litre

Self-Serve MIN
Regular Gasoline 186.6 (N/C) 0.0
MIN: 186.6	MAX: 187.8

Self-Serve MIN
Premium Gasoline 198.0 2.5
MIN: 198.0	MAX: 199.2

Self-Serve MIN
Diesel Fuel 242.5 6.0
MIN: 242.5	MAX: 243.7

MAXIMUM
Furnace Oil 180.7 5.0
MAX: 180.7

Retail Dealer Pump Prices – All Brands – March 27, 2026

	REGULAR Gasoline		MID-GRADE Gasoline		PREMIUM Gasoline		DIESEL
Period Average Rack	130.2		134.8		139.4		180.9
Wholesale Margin	5.0		5.0		5.0		5.0
Forward Averaging Adjustment	1.6		2.0		2.3		-0.2
DEALER BASE PRICE	136.8		141.8		146.7		185.7
Federal Excise Tax	10.0		10.0		10.0		4.0
PE Provincial Tax	8.47		8.47		8.47		14.15
Federal Fuel Charge	0.00		0.00		0.00		0.00
WHOLESALE PRICE	155.3		160.3		165.2		203.9

SELF-SERVE (SS)	MIN	MAX	MIN	MAX	MIN	MAX	MIN	MAX
Retail Margin	7.0	8.0	7.0	8.0	7.0	8.0	7.0	8.0
HST (15%)	24.3	24.5	25.1	25.2	25.8	26.0	31.6	31.8
PUMP PRICE (SS)	186.6	187.8	192.4	193.5	198.0	199.2	242.5	243.7

FULL-SERVE (FS)	MIN	MAX	MIN	MAX	MIN	MAX	MIN	MAX
Retail Margin	7.0	10.5	7.0	10.5	7.0	10.5	7.0	10.5
HST (15%)	24.3	24.9	25.1	25.6	25.8	26.4	31.6	32.2
PUMP PRICE (FS)	186.6	190.7	192.4	196.4	198.0	202.1	242.5	246.6

Retail outlets may price anywhere within the above MIN and MAX ranges.

Furnace Oil – March 27, 2026

	PRICE
Period Average Rack	148.8
Wholesale & Retail Margin	23.1
Forward Averaging Adjustment	0.2
Maximum Price (Before Tax)	172.1
Federal Fuel Charge	Not Applicable
Tax (5%)	8.6
Maximum Price (After Tax)	180.7

Propane Prices – March 20, 2026

MAXIMUM PRICES (Excluding Federal Fuel Charge of 0.00 and Tax)

	Consumer and Commercial Delivery Maximum Price (Cents per Litre)
	Irving Energy Distribution and Marketing	Kenmac Energy Inc.	Superior Plus Inc.	Parkland Fuel Corporation	Noonan Petroleum Ltd.
	3.4	3.8	2.7	1.0	3.8
Bulk Propane	96.2	100.1	97.9	95.9	100.1
Dispensing Units	90.2	94.1	92.4		94.1
Carburation and Portable Cylinders	100.3	104.2			104.2

View Maximum Consumer Price Schedule

View Related Pricing Order

View Related Notice – (Version française)

Petroleum Pricing Schedule:

Price adjustments on gas, diesel, and furnace oil take effect at 12:01 a.m. every Tuesday and Friday.
Price adjustments on propane take effect at 12:01 a.m. every second Friday.