What is the current oil price?

Oil prices are updated every 5 minutes on our platform. Brent crude and WTI prices are available in real-time through our API and website. Visit oilpriceapi.com for live prices.

How do I get oil price data via API?

Sign up for free at oilpriceapi.com to get an API key instantly. Our RESTful API provides real-time Brent, WTI, and natural gas prices in JSON format. Free tier includes 10,000 requests in 7-day trial.

What is the difference between Brent and WTI oil?

Brent crude comes from the North Sea and is the global benchmark for about 60% of world oil trade. WTI (West Texas Intermediate) comes from the US and is the benchmark for North American oil. Brent typically trades at a premium to WTI.

Is the Oil Price API free?

Yes, we offer a 7-day free trial with 10,000 API requests, no credit card required. Paid plans start at $15/month for higher usage limits and additional features like historical data access.

How often is oil price data updated?

Our oil price data is updated every 5 minutes from trusted market sources. We provide real-time prices for Brent crude, WTI, natural gas, and other commodities with 99.9% uptime.

What is the difference between WTI and Brent crude oil?

WTI (West Texas Intermediate) is the US benchmark crude oil traded on NYMEX, while Brent is the global benchmark from the North Sea traded on ICE. Brent typically trades at a premium to WTI due to its accessibility to global markets. Both are light, sweet crude oils with low sulfur content.

How can I compare historical oil prices?

Our comparison tools show 12-month historical price data for WTI, Brent, natural gas, and gold. Each chart includes statistical analysis, trend lines, and downloadable data via our API.

What causes oil price spread changes between WTI and Brent?

The WTI-Brent spread is affected by factors including US oil production levels, pipeline capacity, refinery utilization, global shipping costs, and regional supply disruptions. Historically, the spread has ranged from -$3 to +$10 per barrel.

Price Analysis & Comparisons

Oil & Energy PriceComparisons & Analysis

Compare crude oil prices, analyze historical trends, and explore energy market relationships with comprehensive data and interactive charts.

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Historical Price Analysis

Explore 12-month historical price data with interactive charts, statistical analysis, and trend insights for major energy commodities.

WTI Historical Prices

2,400/mo

12-month West Texas Intermediate crude oil price history with interactive charts and statistical analysis

Brent Historical Prices

1,900/mo

12-month Brent crude oil price history tracking the global benchmark with detailed trend analysis

Natural Gas Historical Prices

1,200/mo

Historical natural gas price data with seasonal patterns and market trend analysis

Gold Historical Prices

2,900/mo

Gold price history and analysis for energy market hedging strategies

Live Price Comparisons

Compare real-time prices between different energy commodities and analyze market relationships with live spread calculations.

WTI vs Brent Crude Oil

1,600/mo

Live price spread analysis between WTI and Brent crude oil with real-time differential tracking

Natural Gas vs Oil Prices

800/mo

Compare natural gas and crude oil price movements with correlation analysis

Gold vs Oil Hedge Analysis

600/mo

Analyze gold as a hedge against oil price volatility with historical correlation data

API Comparisons

Compare oil price data APIs to find the best solution for your needs with detailed feature analysis.

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Market Analysis & Forecasts

Expert analysis and market outlooks for crude oil and energy commodities.

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Market analysis and price forecasts for crude oil in 2025

Access All Price Data via API

Get programmatic access to historical prices, live comparisons, and real-time data for all major energy commodities. Perfect for trading algorithms, market analysis, and energy procurement.

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