Fuel prices in Nova Scotia rose sharply Wednesday after the provincial regulator stepped in with an unscheduled adjustment.
The Nova Scotia Energy Board invoked its interrupter clause, allowing it to change prices outside the province’s normal weekly schedule due to significant shifts in market prices.
Regular self-serve gasoline increased by 8.9 cents, bringing the new price to 147.7 cents per litre. Diesel also climbed, rising 7.6 cents to 191.2 cents per litre.
Before the change, regular gasoline was priced at 138.8 cents per litre, while diesel was set at 183.6 cents.
The regulator said the adjustment was made because of major movements in fuel markets, though it did not provide a detailed explanation for the increase.
Industry analysts have recently warned that fuel prices across North America could climb this week as tensions and conflict in the Middle East push global oil prices higher.
Fuel prices in Nova Scotia are typically set once a week on Fridays, but the interrupter clause allows the board to step in when market conditions shift rapidly.
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