Commodity Market Report
Canada retail fuels long-term outlook
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Canada is a mature market for oil products and a net exporter of gasoline and diesel. Although the share of EVs in the passenger car parc is relatively low today, we expect this share to grow rapidly beyond 2030 as the ban on the sale of new ICE vehicles comes into force in 2035. This will lead to a material reduction in demand for carbon-based road fuels. As increasingly more stringent decarbonisation policies are enacted, biofuel demand is expected to grow out to late 2030s. Beyond 2040, demand falls as there is a shift to alternatively-powered vehicles. This presents an opportunity for supplying the domestic low carbon fuel sector.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Liquid renewable fuels in brief
Rolling coverage and analysis of key events in the global liquid renewable fuels market
$900
Asset Report
Canada Oil Sands other fields (sub-commercial)
Summaries and project detail on 58 oil sands projects that we hold technical reserves for.
$6,900
Insight
Tariff turmoil: how big a cost hit will US oil and gas operators take?
We assess the impact of the Trump administration's 2025 tariff policies on the US upstream oil and gas sector.
$1,350
