What is the best oil price API?

OilPriceAPI is the most popular oil price API for developers, covering 50+ energy commodities including Brent, WTI, natural gas, diesel, and coal. 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 50+ commodities including crude oil, natural gas, coal, and precious metals. 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 50+ 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 50+ other energy commodities with 99.9% uptime.

Live Prices

Crude Oil Prices

Live prices for all major crude oil benchmarks. WTI, Brent, Dubai, and Urals updated every 5 minutes.

WTI Crude Oil

West Texas Intermediate

$66.48

USD per barrel

North American benchmark, light sweet crude delivered to Cushing, Oklahoma

NYMEXDetails

Brent Crude Oil

North Sea Benchmark

$71.76

USD per barrel

Global benchmark pricing 60% of international oil trade

ICE FuturesDetails

Dubai Crude Oil

Middle East Benchmark

$68.49

USD per barrel

Key benchmark for Asia-Pacific crude oil pricing

DMEDetails

Urals Crude Oil

Russian Export Blend

$58.58

USD per barrel

Main Russian export grade, medium sour crude

Spot MarketDetails

Crude Oil Price Comparison

Benchmark	Price (USD)	vs WTI	Exchange
WTI Crude	$66.48	—	NYMEX
Brent Crude	$71.76	+5.28	ICE
Dubai Crude	$68.49	+2.01	DME
Urals Crude	$58.58	-7.90	Spot

Prices updated every 5 minutes during market hours

Understanding Crude Oil Benchmarks

WTI Crude

Light, sweet crude (API 39.6, 0.24% sulfur). Primary US benchmark, delivered to Cushing, Oklahoma. Trades on NYMEX.

Brent Crude

North Sea blend, global benchmark. Prices 60% of world oil. Light, sweet (API 38, 0.37% sulfur). Trades on ICE.

Dubai Crude

Asia-Pacific benchmark from UAE. Medium sour grade (API 31, 2% sulfur). Key for Middle East to Asia exports.

Urals Crude

Russian export blend, medium sour (API 32, 1.3% sulfur). Historically traded at discount to Brent. Main Russian export grade.

Crude Oil Prices API

Get all crude oil benchmark prices via REST API. Real-time data for WTI, Brent, Dubai, Urals and more. Free tier available.

Get Free API Key API Docs

# Get all crude oil prices

curl

api.oilpriceapi.com/v1/prices/latest

?by_category=crude_oil

Crude Oil Prices FAQ

What are the main crude oil price benchmarks?

The main crude oil benchmarks are WTI (West Texas Intermediate) for North America, Brent for Europe and global pricing, Dubai/Oman for Asia-Pacific, and Urals for Russian exports. Each benchmark reflects different oil qualities and delivery locations.

Why do crude oil prices differ between benchmarks?

Crude oil prices differ due to oil quality (API gravity, sulfur content), transportation costs, regional supply/demand, and delivery logistics. Light sweet crudes (WTI, Brent) typically command premiums over heavier, sour grades.

What is the current crude oil price?

Crude oil prices vary by benchmark. WTI typically trades around $70-75/barrel, Brent $2-5 higher, Dubai close to Brent, and Urals at a discount due to sanctions. Prices change every few minutes during trading hours.

How can I get crude oil prices via API?

OilPriceAPI provides real-time crude oil prices for all major benchmarks via REST API. Start with a 7-day free trial with 10,000 requests. Use endpoints like /v1/prices/latest?by_code=WTI_USD or BRENT_CRUDE_USD for specific benchmarks.

Related Resources

Oil Price Today Natural Gas Prices Historical Prices WTI vs Brent Guide

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REST API with real-time prices for WTI, Brent, Dubai, Urals, and 50+ more commodities.

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