According to gas price comparison website GasBuddy, average retail gasoline prices in Saskatoon have fallen 0.3 c/L in the past week, averaging 133.77 c/L as of Sunday.

The local Sunday average compares with the national average that has instead increased 1.4 c/L in the last week to 136.18 c/L. The Saskatoon average is 24 c/L lower than the same day one year ago and are just 0.3 c/L lower than a month ago. The national average has increased 0.3 c/L during the last month and stands 26.2 c/L lower than this day one year ago.

Provincially, Saskatchewan’s rate has remained flat at last week’s average rate of 132.75 c/L.

Patrick De Haan, head of petroleum analysis at GasBuddy, says “With oil prices seeing a modest uptick last week, average gasoline prices across Canada also rose, with nearly all provinces recording increases.” He adds that as the halfway point of the summer driving season arrives, gasoline inventories remain slightly below seasonal norms, and diesel inventories are tight, resulting in sustained pressure on diesel prices.

De Haan says “If tariff concerns continue to grow, we could see downward pressure on oil due to fears of slower global economic growth. However, barring any major developments, Canadians should expect prices to remain near their current levels, especially as summer demand holds firm.”