Oil consumption in Canada is forecasted to remain steady from 2024 to 2028, consistently at 2.29 million barrels per day. In comparison, consumption in 2023 was similar, maintaining stability in this period. This steady pattern indicates no significant year-on-year growth or decline over the past two years.

Future trends to watch for include:

Potential impact of increased environmental regulations and climate change policies on oil demand.
The role of alternative energy sources and technologies potentially affecting consumption rates.
Shift in global oil prices that might influence domestic consumption patterns.