Crude Oil and Oil Products Market in Canada
The chart above illustrates Canada's energy demand from January 2022 to January 2025.
The demand for Oil and Oil Products in Canada was estimated to be 317 trillion British Thermal Unit in January 2025, showing a 1.9% increase over the previous month.
Recent data, updated on January 6th, 2026, can be found in the Canada Energy Prices & Markets Report. Updated monthly, the report provides price assessments and market analyses for Crude Oil, encompassing production, demand and trade dynamics. It also covers other energy commodities in Canada, presenting price assessments and market analyses of production, demand, trade, and Canada's energy self-sufficiency.
Market Analyses Covered in the Report
Explore how Canada's energy markets evolve and interact in a changing global context.
Production & Demand
Track energy production and consumption levels to understand national supply and use patterns.
Imports & Exports
Evaluate energy trade performance and key partners influencing Canada's market position.
Energy Balance & Self-Sufficiency
Measure Canada's energy self-reliance and dependence on external resources.
Beyond Market Analyses: Price Assessments Covered
See how price analyses complement market analyses, adding clarity to Canada's value trends.
Current Prices
Access up-to-date Oil price assessments released monthly, reflecting consolidated market conditions.
Price Forecasts
View short-term Oil price projections to anticipate movements and benchmark expectations.
Historical Prices
Explore long-term Oil price trends to contextualize current market levels.
Canada Energy Prices & Markets Subscription
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Monthly Report Updates
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Comprehensive Coverage
Includes Oil and other eleven key energy commodities analyzed in each edition.
Easy Integrations
Access data seamlessly through Excel Add-In, Power BI dashboards, or API connectivity.
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