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.

Market Intelligence

Oil & Energy News

Price forecasts, market analysis, and supply disruption tracking for WTI crude, Brent crude, and natural gas. Updated every 15 minutes.

Monthly Price Forecasts

WTI Crude Oil

Live Price

1-Month Forecast (2026-03)

$60.35/bbl

Range: $60.08 – $60.62 | Confidence: 70%

3-Month Forecast (2026-05)

$60.95/bbl

Range: $60.48 – $61.42 | Confidence: 55%

Key Drivers

eia steo: EIA STEO: $49 (1m), $51 (3m)
ema trend: Price below 90-day EMA (0.0%)
inventory: near average (neutral)
rig count: stable (neutral)

Brent Crude Oil

Live Price

1-Month Forecast (2026-03)

$15.90/bbl

Range: $15.21 – $16.59 | Confidence: 65%

3-Month Forecast (2026-05)

$16.20/bbl

Range: $14.99 – $17.42 | Confidence: 50%

Key Drivers

eia steo: EIA STEO: $53 (1m), $54 (3m)
ema trend: Insufficient price history
inventory: near average (neutral)
rig count: stable (neutral)

Henry Hub Natural Gas

Live Price

1-Month Forecast (2026-03)

$4.16/MMBtu

Range: $3.98 – $4.34 | Confidence: 70%

3-Month Forecast (2026-05)

$4.03/MMBtu

Range: $3.73 – $4.33 | Confidence: 55%

Key Drivers

eia steo: EIA STEO: $4 (1m), $3 (3m)
ema trend: Price below 90-day EMA (0.0%)
inventory: near average (neutral)
rig count: stable (neutral)

Forecasts are statistical projections based on historical price patterns and market indicators. Not financial or trading advice.

Get This Data Via API

Access real-time price data, monthly forecasts, energy news with sentiment analysis, economic indicators, and supply disruption tracking. All through a single REST API.

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