During the week of September 28 to October 4, 2026, Toronto's Regular 87 gasoline prices opened at 181.9 cents per liter and closed higher at 187.9 cents per liter, marking a net increase of 6 cents. The weekly average price settled at 184 cents per liter. Prices fluctuated within a 13-cent range, reaching a low of 178.9 cents and a high of 191.9 cents per liter. Despite more days showing a decline (three) than increases (two), the overall linear trend suggests a daily upward slope of approximately 1.5 cents.
Early in the week, prices were steady on the first two days, followed by two consecutive days of modest declines slipping to the week's low on October 1. A sharp rebound occurred on October 2 with a 6-cent jump, continuing to reach the peak on October 3. The final day saw a modest pullback of 4 cents, yet prices remained well above the starting point.
If the recent rising trajectory persists beyond this period, we could expect gasoline prices to maintain upward momentum, possibly with continued short-term volatility given the mix of up and down days observed. However, it is important to note that Toronto gasoline prices have demonstrated the capacity to reverse direction quickly, as seen earlier in the week’s declines. Therefore, while the current pattern points toward a possible continuation of price increases in the near term, sudden shifts in trend remain a distinct possibility.