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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. Heating oil - values, historical data, forecasts and news - updated on July of 2024.
Dec 20, 2023 · 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...
Oct 13, 2021 · The average retail price of furnace oil in Canada hit $1.33 per litre in early October, compared to 86 cents a litre and $1.14 a litre during the same period in 2020 and 2019, respectively,...
Nov 23, 2022 · By 2020, with annual average WTI Footnote 4 prices at US$40 per barrel, Canadian oil and gas investment fell to $24 billion, a level not seen since 2002. Investment in 2020 was down more than two-thirds from 2014’s peak, when WTI prices averaged US$90 per barrel.
- Crude Oil Production Exceeds pre-pandemic Levels
- Resurgence of Covid-19 Impacts Refinery Activity
- Electricity Generation and Consumption Decline Year Over Year on Lower Demand
- Production of Coal Continues to Decrease Year Over Year
- Energy: Year in Review 2020
- Contact Information
Production of crude oil and equivalent products edged down 0.2% to 24.4 million cubic metres (153.4 million barrels) in December. Following eight consecutive monthly year-over-year production declines, December posted the smallest year-over-year change since March, signalling a possible easing of the effects of the COVID-19 pandemic on the Canadian...
Measures imposed to tackle the resurgence of COVID-19 affected Canadian refinery activities in December. Inputs of crude oil to refineries fell 9.4% year over year to 7.7 million cubic metres—the lowest level in three months. Net production of finished petroleum products fell 10.3% year over year to 9.2 million cubic metres, primarily because of fi...
Following a 5.1% decrease in November, electricity generation fell 1.3% year over year to 61.2 million megawatt-hours (MWh) in December. This decline was primarily driven by nuclear generation, down 14.1% year over year to 7.3 million MWh. Electricity generated from combustible fuels (-4.8% to 11.3 million MWh) was also down, mostly because of lowe...
Coal production was down 14.1% year over year to 3.8 million tonnes in December, while coke production decreased 4.5% to 184.9 thousand tonnes.
The COVID-19 pandemic greatly impacted the Canadian energy sector in 2020, with both production and consumption of energy products decreasing significantly. From March 2020 onward, government- and industry-enforced lockdowns and stay-at-home orders to prevent the spread of the coronavirus directly contributed to sharply lower demand, reduced econom...
For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; STATCAN.infostats-infostats.STATCAN@canada.ca) or Media Relations (613-951-4636; STATCAN.mediahotline-ligneinfomedias.STATCAN@canada.ca).
Jul 28, 2021 · Following the oil price crisis of March and April, 2020, many oil and gas companies in Canada cut back their production and investment plans. One year later the price of oil has increased to pre-crisis levels, and the recovering global economy may support a rebound in global oil demand.
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Dec 2, 2021 · The value of U.S. energy imports from Canada fell by 31% in 2020 compared with 2019, and the value of U.S. energy exports to Canada fell 34%, according to data from the U.S. Census Bureau. Crude oil and petroleum products combined accounted for 89% of the value of all U.S. energy imports from Canada in 2020.
