Current Petroleum Prices - Island Regulatory & Appeals Commission

Petroleum Prices – July 31, 2026 – cents per litre

Self-Serve MIN
Regular Gasoline 200.6 1.5
MIN: 200.6	MAX: 201.7

Self-Serve MIN
Premium Gasoline 212.1 (N/C) 0.0
MIN: 212.1	MAX: 213.2

Self-Serve MIN
Diesel Fuel 244.3 (N/C) 0.0
MIN: 244.3	MAX: 245.4

MAXIMUM
Furnace Oil 179.1 (N/C) 0.0
MAX: 179.1

Retail Dealer Pump Prices – All Brands – July 31, 2026

	REGULAR Gasoline		MID-GRADE Gasoline		PREMIUM Gasoline		DIESEL
Period Average Rack	151.5		156.5		161.4		186.0
Wholesale Margin	5.0		5.0		5.0		5.0
Forward Averaging Adjustment	2.4		2.4		2.5		0.2
DEALER BASE PRICE	158.9		163.9		168.9		191.2
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	167.4		172.4		177.4		205.4

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%)	26.2	26.3	26.9	27.1	27.7	27.8	31.9	32.0
PUMP PRICE (SS)	200.6	201.7	206.3	207.5	212.1	213.2	244.3	245.4

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%)	26.2	26.7	26.9	27.4	27.7	28.2	31.9	32.4
PUMP PRICE (FS)	200.6	204.6	206.3	210.3	212.1	216.1	244.3	248.3

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

Furnace Oil – July 31, 2026

	PRICE
Period Average Rack	148.5
Wholesale & Retail Margin	23.1
Forward Averaging Adjustment	-1.0
Maximum Price (Before Tax)	170.6
Federal Fuel Charge	Not Applicable
Tax (5%)	8.5
Maximum Price (After Tax)	179.1

Propane Prices – July 24, 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.
	0.4	2.0	0.3	(N/C) 0.0	2.0
Bulk Propane	81.9000	84.5000	83.2000	85.5000	84.5000
Dispensing Units	75.9000	78.5000	77.7000		78.5000
Carburation and Portable Cylinders	86.0	88.6			88.6

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.