Fuel Oil Price in Canada
The chart above illustrates Fuel Oil prices in Canada, in CAD/mt, from January 2025 to January 2026, as follows:
- Fuel Oil (HFO), exp, CA: Fuel Oil (heavy), export spot, fob, Canada
- Fuel Oil (LFO), ind, CA: Fuel Oil (light), industrial sector transaction, ddp, Canada
- Fuel Oil (LFO), hho, CA: Fuel Oil (light), household, Canada
Further information about price assessments covered can be found in the assessments guide.
Fuel Oil (HFO), exp, CA prices in January 2026 reached approximately 414 CAD per mt, indicating a 4.3% increase from the previous month. Annually, these prices declined by 32.2%.
For Fuel Oil (LFO), ind, CA, prices were around 1,260 CAD per mt in January 2026, showing a 0.5% decrease from the previous month. On a year-over-year basis, prices fell by 10.7%.
The price for Fuel Oil (LFO), hho, CA in January 2026 stood at approximately 2,090 CAD per mt, marking a 1.5% increase compared to the previous month. Year-over-year, these prices declined by 2.7%.
Recent data, updated on September 3rd, 2026, can be found in the Canada Energy Prices & Markets Report. Updated monthly, the report provides price assessments and market analyses for Fuel Oil and other oil products, encompassing domestic supply 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.
Price Assessments Covered in the Report
Access timely and reliable Fuel Oil price assessments — updated every month and backed by consistent methodologies.
Current Prices
Access up-to-date Fuel Oil price assessments released at the beginning of each month, providing consolidated and relevant market data.
Price Forecasts
View short-term Fuel Oil price projections that help you anticipate market direction and make informed decisions.
Historical Prices
Explore historical Fuel Oil price series over multiple timeframes to identify short-, medium-, and long-term trends.
Beyond Prices: Market Analyses Covered
Understand the broader energy dynamics shaping Canada markets.
Production & Demand
Track energy production and consumption patterns to understand supply-demand dynamics across sectors.
Imports & Exports
Analyze energy trade flows and key trading partners to evaluate cross-border dependencies.
Energy Balance & Self-Sufficiency
Assess Canada's energy balance and self-reliance, identifying exposure to external supply sources.
Intratec Energy Prices & Markets
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12 Energy Commodities
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