Fuel Oil Price in Canada
The chart above illustrates Fuel Oil prices in Canada, in CAD/mt, from December 2024 to December 2025, 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.
The price for Fuel Oil (HFO), exp, CA was approximately 398 CAD per mt in December 2025. This marked a 13.2% decline from the prior month's figure and a 30.1% year-over-year decrease.
Fuel Oil (LFO), ind, CA was recorded at around 1,270 CAD per mt in December 2025. This represented a 9.2% fall compared to the preceding month, while year-over-year, prices for this product increased by 0.9%.
For Fuel Oil (LFO), hho, CA, the price in December 2025 stood at approximately 2,060 CAD per mt. This showed a 4.9% decrease from the previous month's data, with a 7.1% increase on a year-over-year basis.
Recent data, updated on July 6th, 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
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Production & Demand
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Imports & Exports
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Energy Balance & Self-Sufficiency
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