What is the best oil price API?

OilPriceAPI is the most popular oil price API for developers, covering 60+ energy commodities including Brent, WTI, natural gas, diesel, coal, and petrochemicals. It offers a free tier (200 requests/month), SDKs for Python, JavaScript, Ruby, Go, and C#, and updates prices every 1-2 minutes. Paid plans start at $15/month — 98% cheaper than Bloomberg Terminal.

How do I get oil price data via API?

Sign up for free at oilpriceapi.com to get an API key instantly. Make a GET request to api.oilpriceapi.com/v1/prices/latest with your API key in the Authorization header. The RESTful API returns JSON with real-time Brent, WTI, and natural gas prices. Free tier includes 200 requests/month, or start a 7-day trial with 10,000 requests.

Is there a free oil price API?

Yes, OilPriceAPI offers a permanent free tier with 200 API requests per month — no credit card required. The free plan includes real-time prices for all 60+ commodities including crude oil, natural gas, coal, precious metals, and petrochemicals. For higher volume, paid plans start at $15/month for 10,000 requests.

How does OilPriceAPI compare to Bloomberg Terminal?

OilPriceAPI provides real-time energy commodity prices via REST API starting at $15/month, compared to Bloomberg Terminal at $24,000/year. OilPriceAPI covers 60+ energy commodities with 1-2 minute updates, Python/JavaScript SDKs, and a free tier. Bloomberg offers broader financial data but at enterprise pricing. OilPriceAPI is purpose-built for developers who need energy price data without the Bloomberg cost.

Can I use OilPriceAPI with Python or JavaScript?

Yes, OilPriceAPI has official SDKs for Python (pip install oilpriceapi), JavaScript/Node.js (npm install oilpriceapi), Ruby, Go, and C#. It also integrates with Google Sheets, Power BI, Zapier, and n8n. There is an MCP server for AI coding tools like Claude and Cursor.

How often is oil price data updated?

OilPriceAPI updates prices every 1-2 minutes from multiple trusted market sources. The API provides real-time prices for Brent crude, WTI, Henry Hub natural gas, Dutch TTF, coal, LNG, and 60+ other energy commodities with 99.9% uptime.

Permian Basin

🛢️ OilUpdated 3/20/2026

Texas, New Mexico

The Permian Basin is the largest oil-producing region in the United States, spanning West Texas and southeastern New Mexico.

Limited Data Available

Some metrics for this basin are estimates based on regional trends. We're working to add real-time data from official sources.

Oil Production

7.02M

bbl/day

5.9% YoY

Gas Production

30.4B

Mcf/day

5.9% YoY

Active Rigs

135

rigs

+4.8 WoW

DUC Wells

654

wells

+3.9 MoM

Production Trends

The Permian Basin currently produces 7.02M barrels of oil per day, representing approximately 54.0% of total U.S. production. The basin has shown consistent growth over recent months, driven by improved drilling efficiency and favorable market conditions.

Top Operators

Exxon Mobil

Chevron

Pioneer Natural Resources

ConocoPhillips

EOG Resources