Current Petroleum Prices - Island Regulatory & Appeals Commission

Petroleum Prices – July 14, 2026 – cents per litre

Self-Serve MIN
Regular Gasoline 189.6 2.0
MIN: 189.6	MAX: 190.8

Self-Serve MIN
Premium Gasoline 200.6 (N/C) 0.0
MIN: 200.6	MAX: 201.7

Self-Serve MIN
Diesel Fuel 225.9 6.5
MIN: 225.9	MAX: 227.0

MAXIMUM
Furnace Oil 160.8 6.5
MAX: 160.8

Retail Dealer Pump Prices – All Brands – July 14, 2026

	REGULAR Gasoline		MID-GRADE Gasoline		PREMIUM Gasoline		DIESEL
Period Average Rack	144.2		148.8		153.3		170.2
Wholesale Margin	5.0		5.0		5.0		5.0
Forward Averaging Adjustment	0.2		0.4		0.6		0.0
DEALER BASE PRICE	149.4		154.2		158.9		175.2
Federal Excise Tax	0.0		0.0		0.0		0.0
PE Provincial Tax	8.47		8.47		8.47		14.15
Federal Fuel Charge	0.00		0.00		0.00		0.00
WHOLESALE PRICE	157.9		162.7		167.4		189.4

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%)	24.7	24.9	25.5	25.6	26.2	26.3	29.5	29.6
PUMP PRICE (SS)	189.6	190.8	195.2	196.3	200.6	201.7	225.9	227.0

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%)	24.7	25.3	25.5	26.0	26.2	26.7	29.5	30.0
PUMP PRICE (FS)	189.6	193.7	195.2	199.2	200.6	204.6	225.9	229.9

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

Furnace Oil – July 14, 2026

	PRICE
Period Average Rack	129.6
Wholesale & Retail Margin	23.1
Forward Averaging Adjustment	0.4
Maximum Price (Before Tax)	153.1
Federal Fuel Charge	Not Applicable
Tax (5%)	7.7
Maximum Price (After Tax)	160.8

Propane Prices – July 10, 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.	Avenir	Noonan Petroleum Ltd.
	1.7	0.9	1.7	3.0	0.9
Bulk Propane	82.3000	86.5000	83.5000	85.5000	86.5000
Dispensing Units	76.3000	80.5000	78.0000		80.5000
Carburation and Portable Cylinders	86.4	90.6			90.6

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. Please note that there will not be a scheduled price adjustment on Tuesday, April 7, 2026 due to the holiday.