Canadian average domestic heating oil prices 2018-2019

The average domestic heating oil price in Canada reached about 1,160 Canadian dollars per 1,000 liters in November 2019. There are three types of middle distillate fuel oils that can be used for liquid-fuel-burning equipment without any preheating, and three other types that require preheating as they contain residual fuel components. There are both federal and provincial regulations that are applicable to heating oils in Canada, including the Canadian Environmental Protection Act.

Oil vs natural gas heating

Most houses in North America use a central furnace for space heating. In gas or oil fueled furnaces, the fuel is mixed with air and burned. However, most of Canada’s residential space heating is fueled by natural gas, especially as many new homeowners switch out oil heat furnaces in favor of natural gas equipment. Despite the common transition towards natural gas, heating oil tends to burn hotter than natural gas and thus, efficiently heats spaces in a much shorter time. Oil furnaces tend to last much longer than natural gas furnaces.

Average domestic heating oil prices in Canada from December 2018 to November 2019 (in Canadian dollars per 1,000 liters)*

Price in Canadian dollars per thousand liters
Nov
'19
1,160
Oct
'19
1,146
Sep
'19
1,125
Aug
'19
1,118
Jul
'19
1,129
Jun
'19
1,146
May
'19
1,190
Apr
'19
1,168
Mar
'19
1,138
Feb
'19
1,120
Jan
'19
1,111
Dec
'18
1,116
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Source

Release date

December 2019

Region

Canada

Survey time period

December 2018 to November 2019

Supplementary notes

The values have been rounded to provide a better understanding of the statistic.

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