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.

Monthly Reports

Monthly Oil Price Reports

Archive of our monthly oil market analysis with price forecasts, market driver assessments, and forecast accuracy tracking. Published on the 1st of each month.

March 2026

Coming Soon

Publishing on Mar 1, 2026

February 2026

Latest

Published Feb 1, 2026

WTI

$63

Brent

$73

1M Accuracy

85%

View Report

January 2026

Published Jan 1, 2026

WTI

$62

Brent

$72

1M Accuracy

96%

View Report

December 2025

Published Dec 1, 2025

WTI

$72

Brent

$64

1M Accuracy

94%

View Report

November 2025

Published Nov 1, 2025

WTI

$71

Brent

$63

1M Accuracy

93%

Published May 1, 2025

WTI

$65

Brent

$75

View Report

April 2025

Published Apr 1, 2025

WTI

$64

Brent

$74

1M Accuracy

86%

View Report

March 2025

Published Mar 1, 2025

WTI

$63

Brent

$73

1M Accuracy

85%

View Report

Get Historical Forecasts via API

Access our complete archive of oil price forecasts programmatically. Build backtesting models or analyze our forecast accuracy over time.

View API Documentation