P.E.I. switching to twice weekly petroleum price changes

Prince Edward Island is switching to twice weekly price adjustments for petroleum products as global markets continue to experience high volatility.

On its website, the P.E.I. Regulatory and Appeals Commission says pricing adjustments will now happen at 12:01 a.m. on Tuesdays and Fridays.

The new schedule will be in effect until further notice.

The commission last changed petroleum prices on Wednesday. The minimum cost of self-serve regular gasoline is 166.5 cents per litre while diesel is at a minimum of 213.8 cents per litre.

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