Fuel Oil Price in Canada
The chart above illustrates Fuel Oil prices in Canada, in CAD/mt, from August 2024 to August 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.
In August 2025, the Fuel Oil (HFO), exp, CA price was around 504 CAD per mt. This represented a 6.9% fall compared to the previous month's value, and on a year-over-year basis, Fuel Oil (HFO), exp, CA prices decreased by 13.9%.
The Fuel Oil (LFO), ind, CA price in August 2025 was approximately 1,190 CAD per mt, reflecting a 5% fall from the previous month's value. Year-over-year, Fuel Oil (LFO), ind, CA prices decreased by 0.9%.
For Fuel Oil (LFO), hho, CA, its price in August 2025 was around 2,050 CAD per mt, marking a 0.4% fall compared to the previous month's value. On a year-over-year basis, Fuel Oil (LFO), hho, CA prices increased by 0.7%.
Recent data, updated on April 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
Understand the broader energy dynamics shaping Canada's 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.
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