Gas Prices
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Gas prices jump across Metro Vancouver, hovering around $2 a litreExperts say that the price is jumping anywhere between five and 10 cents a litre, and that's mostly the result of rising oil prices amid the ongoing war between Iran and the U.S.EconomyJul 15
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Ontario gas prices cast shadow over daily budgets, summer plans: surveySeven in 10 Ontarians aged 35 to 54 said gas prices are affecting their day-to-day activities, according to the survey from CAA South Central Ontario.EconomyJul 15
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U.S. inflation cooled to 3.5% in June as gas prices fellU.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, while underlying price pressures also cooled.U.S. NewsJul 14
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PepsiCo blames ‘inflationary pressures’ and high gas prices for sales dropPepsiCo reported its beverage sales in North America have been falling as rising inflation and higher gas prices force consumers to keep up with the cost of living.ConsumerJul 9
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Gas prices in Canada set to rise as Trump says peace with Iran is ‘over’Gas prices are likely going to tick up once again in Canada, according to an analyst, as a signed peace agreement between the U.S. and Iran appears to be unravelling.ConsumerJul 8
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OPEC+ agrees to higher oil production ‘to support oil market stability’After the Iran war choked off about a fifth of the world's oil supply for several months, the world's largest alliance of oil-producing nations agreed to increase its quota.WorldJul 6
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Oil prices plummet on hopes of increased supply, high gasoline prices persistThe pause in hostilities between the U.S. and Iran has led to a decline in future oil prices, but industry analysts say it will take time to trickle down to lower gasoline prices.MoneyJun 26
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Inflation rose 3.2% as gas, food prices jump — with tomato prices up 45%Higher oil and gasoline prices pushed overall inflation in May to 3.2 per cent compared with a year ago, according to Statistics Canada.EconomyJun 22
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Gas prices may not return to pre-Iran war levels anytime soon, experts sayAfter a peace agreement was reached, getting oil to flow through the Persian Gulf region again and helping gas prices return to pre-war levels may be more of a challenge.WorldJun 15
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Will the Alberta government suspend the provincial gas tax?Alberta drivers hoping for some relief at the pumps should learn this week whether the provincial government will ease the fuel tax or not.ConsumerJun 15
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