SASKATCHEWAN — Gas prices are moving upward again across the province, with increases being reported in Regina, Saskatoon and other major centres following a volatile week in global energy markets.
In Regina, average prices are sitting around the mid-160 cents per litre range, while Saskatoon is tracking slightly lower but also trending upward. Across Saskatchewan, prices continue to vary widely by station, with some locations still near the low 150 cent range and others approaching the upper 180s.
That spread means drivers in the same city can still see differences of more than 30 cents per litre depending on where they fill up.
Recent retail movements include isolated highs near the 190 cent mark at some urban stations, highlighting how quickly prices can shift even within a single day.
The latest increases come after early-week declines tied to the federal gas tax holiday were erased by rising global crude oil prices.
GasBuddy’s head of petroleum analysis Patrick De Haan says global developments have quickly reversed earlier relief at the pump.
“Average gasoline prices declined across most of Canada over the last week following the start of the federal gas tax holiday, which pushed retail prices down early in the week,” said De Haan. “Developments between the U.S. and Iran including renewed tensions and setbacks in talks pushed oil prices higher late in the week, erasing much of that initial drop and lifting prices again in several provinces. With oil continuing to rise, gasoline prices are likely to move higher in the days ahead as global pressures outweigh the impact of the tax break.”
Analysts say Saskatchewan remains generally near or slightly below the national average, but volatility is increasing as crude oil markets react to geopolitical uncertainty and seasonal demand.
For drivers, that means continued price swings at the pump, with timing and location still playing a major role in what they pay across the province.
For now, experts warn there is little stability in sight as global oil trends continue to drive Canadian fuel prices.
