The 1988–89 Edmonton Oilers season was the Oilers' 10th season in the NHL, and they were coming off a Stanley Cup championship after defeating the Boston Bruins the previous season, which was their 4th Stanley Cup in the past 5 seasons. The Oilers would finish 3rd in the Smythe Division with 84 points, their lowest point total since the 1980–81 season. For the 8th consecutive season, the Oilers had five 30-goal scorers. In goal, Grant Fuhr would get the majority of the starts, leading the team with 23 wins, while Bill Ranford would have a team best 3.50 GAA.