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  1. Jan 25, 2024 · The cost of home heating oil for households in Canada in 2023 was between 40 and 70 percent higher than it was in 2020 depending on the province or territory— while the cost of residential natural gas increased by 15 to 30 percent over the same period depending on the province.

  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. Jun 18, 2024 · The Oil to Heat Pump Affordability (OHPA) program helps homeowners who are currently heating their homes with oil, transition to eligible heat pump systems. Making the switch can help you save thousands of dollars on your heating bills every year and help reduce greenhouse gas emissions.

  4. Nov 3, 2023 · Oil-heated homes in Canada can expect to spend $2,100 to $3,000 per year on heating fuel, not including the cost of the fuel charge on light fuel oil used for heating. The federal government’s fuel charge pause will save the average Atlantic Canadian household, using 1,500 litres of home heating oil, about $261 this year.

    • Department of Finance Canada
  5. Aug 4, 2016 · Furnace Oil – Current weekly consumer prices for furnace oil in 30 Canadian cities plus the average Canada price. Prices by city. Prices by year. All fuels in a combined price chart.

  6. Apr 16, 2024 · After averaging US$78 per barrel in 2023, WTI crude oil prices average US$83 per barrel in 2024 and US$87 per barrel in 2025 (up from US$78 per barrel in the survey) and remain US$8 per barrel above the survey on average per year over the rest of the forecast horizon.

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  8. Jun 25, 2024 · Monthly average retail prices for gasoline and fuel oil for Canada, selected provincial cities, Whitehorse and Yellowknife. Prices are presented for the current month and previous four months. Includes fuel type and the price in cents per litre.