Canadian gas prices to spike as Ukraine conflict prompts oil market chaos

By WNews 1 Min Read

Canadians can expect to pay more at the pump as Russia’s attack on Ukraine puts even greater pressure on an already surging oil price environment.

Roger McKnight, chief petroleum analyst at En-Pro International Inc., expects gas prices across the country to rise  approximately five cents per litre this weekend.

“If you are only filling up once a week or that sort of thing, get anything in your tank that you can before Saturday,” McKnight said Thursday. “But if you’re a daily filler, there’s really not much you can do.”

The high demand for oil combined with a shortage of supply has been

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