On Friday, gasoline prices across Toronto and the surrounding Greater Toronto Area are set to decline by eight cents per litre, according to a forecast released by En‑Pro International. Analyst Roger McKnight said the average price, which stands at 187.9 cents per litre today, is expected to reach 179.9 cents per litre. The reduction represents a modest but noticeable shift for commuters as the weekend approaches.
The anticipated change aligns with the typical seasonal fuel transition that occurs each year when refiners adjust their output mix. This switch often results in lower wholesale costs, which can be passed on to retail stations. McKnight noted that the eight‑cent movement reflects the broader market trend rather than any abrupt supply disruption. Drivers in both the city core and outlying suburbs can expect the price adjustment to appear at the pump simultaneously, given the uniform pricing structure used by most retailers in the region.
While the decline does not constitute a major price swing, it offers a brief respite for motorists who have faced higher rates in recent weeks. The forecasted 179.9 cents per litre price will be the new baseline for Friday and may influence consumer behavior over the weekend. Market observers will watch whether the seasonal effect sustains the lower level or if subsequent market forces cause prices to rebound in the following days.