Track Energy Prices That Drive Manufacturing Costs
Monitor natural gas prices, diesel prices, coal, and electricity costs for procurement decisions, budget forecasting, and energy management.
Trusted by industrial companies worldwide
All Industrial Energy Benchmarks in One API
Natural Gas
- Henry Hub (US)
- TTF (Europe)
- JKM (Asia LNG)
- UK NBP
Diesel & Fuel Oil
- ULSD Diesel
- Fuel Oil
- Heating Oil
- Jet Fuel
Coal
- Newcastle (Asia)
- Rotterdam (Europe)
- US Thermal
- Met Coal
Petrochemicals
- Naphtha
- Ethylene
- Propylene
- Benzene
Energy Management Use Cases
Budget Forecasting
Track natural gas and diesel prices for annual budget planning. Build scenarios based on historical volatility and current forward curves.
- ✓ Monthly price averages
- ✓ Year-over-year comparisons
- ✓ Volatility metrics
Procurement Timing
Identify optimal times to lock in fuel contracts. Compare current prices to historical ranges and seasonal patterns.
- ✓ Seasonal trends analysis
- ✓ Price percentile rankings
- ✓ Alert when prices hit targets
Multi-Site Management
Track regional energy prices for facilities across the US, Europe, and Asia. Compare costs and identify arbitrage opportunities.
- ✓ US, European, Asian benchmarks
- ✓ Currency-adjusted comparisons
- ✓ Regional differentials
Variance Reporting
Explain energy cost variances to executives and boards. Show how market prices drove cost changes vs. operational factors.
- ✓ Historical price charts
- ✓ CSV/Excel export
- ✓ Audit trail for compliance
Energy-Intensive Industries We Serve
Steel & Metals
Track natural gas and coal for electric arc furnaces and blast furnaces. Energy is 20-40% of steel production costs.
Chemicals
Monitor natural gas as both fuel and feedstock. Track naphtha prices for petrochemical production economics.
Cement & Glass
Track coal and natural gas for kiln and furnace operations. Energy is 30-40% of production costs.
Mining
Monitor diesel prices for haul trucks and mobile equipment. Fuel is a major cost driver for mining operations.
Food & Beverage
Track natural gas for heating, drying, and processing. Monitor diesel for distribution fleet costs.
Pulp & Paper
Track natural gas for drying and steam generation. Energy is 15-25% of production costs.
Simple API Integration
Pull energy prices into your procurement systems and dashboards
# Python example: Energy cost tracking
from oilpriceapi import OilPriceAPI
client = OilPriceAPI(api_key="YOUR_API_KEY")
# Get all energy prices for procurement dashboard
prices = client.prices.latest()
print(f"Natural Gas (Henry Hub): $" + str(prices.henry_hub) + "/MMBtu")
print(f"Natural Gas (TTF): EUR " + str(prices.ttf) + "/MWh")
print(f"Diesel: $" + str(prices.diesel) + "/gallon")
print(f"Coal (Newcastle): $" + str(prices.coal) + "/ton")
# Historical data for budget variance analysis
historical = client.prices.historical(
commodity="henry_hub",
start="2024-01-01",
end="2024-12-31"
)
# Calculate monthly averages for budgeting
monthly_avg = historical.resample('M').mean()
avg_price = round(monthly_avg.price.mean(), 2)
print(f"Average 2024 gas price: $" + str(avg_price) + "/MMBtu")Pricing for Industrial Users
Free Tier
100 requests lifetime
Test the data for your use case
Professional
100,000 requests/month
All energy benchmarks
Enterprise
Unlimited + SLA
Multi-site support
Track Energy Costs That Impact Your Bottom Line
Join ABB and industrial leaders using OilPriceAPI for energy management.
100 free API calls to start • Excel add-in available • Enterprise SLA for large manufacturers