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  1. View our data on crude oil production by region, type, and scenario in our interactive visualization tool, Exploring Canadas Energy Future. Explore a summary of oil production in our EF2021 Fact Sheets: Oil Sands Production and Conventional, Tight, and Shale Oil Production.

  2. Mar 25, 2019 · The current price of heating oil in Canada is CAD 1.51 per liter or USD 1.10 per liter. The latest update was on 01-Jul-2024. We show heating oil price data for Canada from 2019-03-25 to 2024-07-01.

  3. Oct 13, 2023 · The October 2023 edition of the Short-Term Energy Outlook (STEO) includes the Winter Fuels Outlook with a detailed forecast for U.S. residential heating oil (and natural gas, propane, and electricity) prices, average household heating fuel consumption and expenditures, and the number of households that use each type of heating fuel by region ...

  4. West Texas Intermediate (WTI) crude oil prices are forecast using futures data from the New York Mercantile Exchange (NYMEX), extending eight years into the future. Other US crude prices, such as Gulf Coast ASCI, Louisiana Light, and Alaskan North Slope are based on historical differentials to WTI.

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  5. The base forecast for both oil and gas is based on NYMEX futures in US dollars. Crude oil and natural gas forecasts are based on yearly variable factors, weighted to a higher percent for the current data and then reflect a higher percent to prior year historical data for the later years.

  6. Heating oil - data, forecasts, historical chart - was last updated on July 6 of 2024. Heating Oil increased 0.12 USD/GAL or 4.88% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.

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  8. Aug 16, 2023 · Basics. +Menu. Crude oil prices are driven by global supply and demand. Economic growth is one of the biggest factors affecting petroleum product—and therefore crude oil—demand. Growing economies mean a higher demand for energy, in general, especially for transporting goods from producers to consumers.

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