June 2025. Kalibrate's Canadian Petroleum Price Snapshot

Gasoline

Retail gasoline prices in Canada dropped by an average of 3.1 cents per litre in June, defying typical seasonal trends and rising crude oil prices.

Conflict in the Middle East drove crude oil prices higher throughout June, resulting in rising gasoline prices for most of the month, with prices in Canada reaching the highest since the removal of carbon taxes in April. However, a swift resolution between Israel and Iran caused crude oil prices to plummet near the end of June, and as a result, gasoline prices also declined, ending the month lower than at the end of May.

Gasoline prices in Canada, however, did not follow a uniform pattern; prices in Atlantic Canada generally increased in June, with the province of New Brunswick experiencing the largest increase at 3.3 cents per litre. Similarly, gasoline prices increased in Manitoba, up 2.5 cents per litre in June. Meanwhile, most provinces saw prices decline in June, with British Columbia experiencing the steepest decline at 5.9 cents per litre as refinery issues south of the border were resolved.

In June, the largest decrease in gasoline prices in Canada was observed in Abbotsford, British Columbia, where retail prices fell 19.0 cents per litre over the month, ending June at 138.9 cents. In contrast, retail gasoline prices rose the most in Yellowknife, Northwest Territories, with an increase of 8.3 cents per litre during June, finishing the month at 143.2. Overall, gasoline prices in Canada ended the month the highest in Victoria, British Columbia, at 165.9 cents per litre, and lowest in Sarnia, Ontario, at 117.6 cents.

Diesel

Retail diesel prices in Canada also followed atypical seasonal trends in June, rising 8.3 cents per litre over the month.

Diesel prices typically decline in the spring following the end of the home heating season; however, this year, low North American distillate inventories and climbing crude oil prices led to rising retail diesel prices in June. This spring, North American distillate inventories reached multi-year lows in several U.S. regions: a three-year low along the East Coast, an eight-year low in the Midwest, and a 22-year low along the West Coast (EIA). Lower refinery utilization likely contributed to lower inventories as well as lower biodiesel and renewable diesel fuel consumption this year. Changes to tax incentives in the U.S. for biofuels since the start of the year have led to a decrease in biofuel use, resulting in a greater reliance on distillates to meet fuel demand.

Most markets surveyed in Canada saw an increase in diesel prices during June, with the largest increase occurring in Halifax, Nova Scotia, where prices rose 14.5 cents per litre, ending the month at 152.5. Conversely, diesel prices decreased in only two Kalibrate-surveyed markets in June, including Prince Albert, Saskatchewan, where prices experienced the steepest decline at 1.4 cents per litre, ending the month at 141.7. Overall, by the end of June, the lowest price was recorded in Brantford, Ontario, at 131.9 cents per litre, while the highest was noted in Labrador City, Newfoundland, at 177.0 cents per litre.

We conduct a daily survey of retail gasoline, diesel, propane, and furnace fuel prices in 77 Canadian cities.

Canadian petroleum prices are available for download and display using a variety of analytic tools on our website: Charting.kalibrate.com/