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Canadian average domestic heating oil prices 2019-2020

The average domestic heating oil price in Canada reached about 902 Canadian dollars per 1,000 liters in April 2020. Drops in prices over early 2020 is likely due to the coronavirus lockdowns. 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 January 2019 to April 2020 (in Canadian dollars per 1,000 liters)*

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Source

Release date

May 2020

Region

Canada

Survey time period

December 2018 to April 2020

Supplementary notes

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

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* Prices do not include sales tax.

Statistics on "New Brunswick"

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