During October 2026, Toronto’s Regular 87 gasoline prices started at 178.9 cents per litre and closed the month slightly lower at 173.9 cents per litre, marking a net decline of 5 cents. Over the 31 days, prices exhibited a moderate range of 20 cents, with the highest price recorded at 191.9 cents and the lowest at 171.9 cents. The average price throughout the month was 180.3 cents per litre. The daily price movement displayed a broadly mixed pattern, with 10 days of increases, 11 days of decreases, and 9 days unchanged. A subtle downward linear trend was present, averaging a decline of 0.5 cents per day.
Early in the month, prices rose sharply, reaching the peak of 191.9 cents by October 3, but then fluctuated moderately with intermittent declines and plateaus. The middle to latter part of the month saw prices mostly stabilize or edge down, with several days of no change and only small incremental moves. Volatility was contained within a moderate band, reflecting a market that was neither strongly trending nor highly erratic.
If this recent pattern of moderate downward drift and intermittent stability continues into the next period, Toronto gasoline prices could remain broadly flat to moderately lower. However, fuel prices in the region have historically been subject to quick changes due to supply, demand, or other factors not captured in this data alone. Given the mixed signals and relatively modest net movement this past month, it is prudent to expect that price fluctuations could still reverse direction unexpectedly in the near future.