Motorists who waited to fill up will pay less for fuel this week.
The maximum price for regular self-serve is down five cents a litre this week to a maximum of 159.5.
Several stations are selling for around $1.56 this morning.
Diesel saw a big dip down 17.7 cents a litre to 222.7.
Furnace oil prices also decreased by 16.9 cents a litre to a maximum of 201.3.
The Energy and Utilities Board made its price adjustments overnight.