Real Results from
Energy Leaders
See how energy companies use OilPriceAPI to power their data infrastructure, automate procurement, and deliver better customer experiences.
Nautical Supply
Problem
Manual bunker fuel price tracking across 15 ports required a 3-person team spending 4 hours per day making phone calls and collecting email quotes. Slow response times meant missing optimal purchase windows.
Solution
Automated price monitoring via OilPriceAPI with custom alerts triggering when prices dipped more than 2%. Integrated directly into their procurement ERP system for instant decision-making.
Results
- 40K API requests/month
- 23% reduction in fuel costs
- 60 hours/month time saved
[Quote pending customer approval]
— Nautical Supply Procurement Team
Eigen Technologies
Problem
Their AI document extraction platform needed real-time commodity prices to validate extracted values from energy contracts. Manual validation was creating bottlenecks and accuracy issues.
Solution
Integrated OilPriceAPI for automated price validation, flagging extraction errors when prices deviated more than 5% from current market rates. API responses validated contract values in real-time during document processing.
Results
- 99.2% extraction accuracy
- Up from 94% baseline
- 500K+ docs processed monthly
[Quote pending customer approval]
— Eigen Technologies Product Team
ESY Oil
Problem
Needed real-time heating oil prices for their consumer-facing comparison platform serving 15 million German users. Manual price updates were too slow to compete in the fast-paced energy market.
Solution
API-powered price aggregation with regional pricing data, auto-updating every 15 minutes. Integrated seamlessly into their comparison engine to provide German consumers with accurate, up-to-date heating oil prices.
Results
- 100K+ daily API calls
- #1 heating oil comparison in Germany
- 40% faster price updates
[Quote pending customer approval]
— ESY Oil Engineering Team