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Crude oil

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Crude oil—also known as petroleum—is an energy-rich liquid consisting mainly of hydrocarbons. In Canada, Alberta's oil sands contain the largest reserves of crude oil, but there are also large deposits off the coast of Atlantic Canada. Crude oil activities include exploration, drilling, production, field processing, and the storage and transportation of oil.

Indicators

  • Production

    4,839,766

    Barrels per day in January 2025

    1.5% since previous month
  • Used by Canadian refineries

    1,853,762

    Barrels per day in January 2025

    0.1% since previous month
  • Exports

    4,163,691

    Barrels per day in January 2025

    1.0% since previous month
  • Imports

    720,076

    Barrels per day in January 2025

    1.7% since previous month
  • Oil and gas extraction capital expenditures

    46.01

    Billions of dollars in 2025

    7.0% since previous year

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Data visualization

Data sources

The data used to create this interactive web application is from the following listed data tables:

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