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.

OilPriceAPI vs
The Competition

Honest comparisons showing when to use OilPriceAPI and when other solutions might be better for your needs. We specialize in oil & energy data.

From $15/month

5-Minute Setup

Python SDK

vs Enterprise Data Providers

These platforms offer comprehensive financial data but come with enterprise pricing and contracts.

Bloomberg Terminal

Save 98%

Enterprise financial terminal with $24,000/year cost

Compare

Refinitiv Eikon

Save 90%

Comprehensive financial platform from LSEG

Compare

S&P Global Platts

Industry-standard commodity price assessments

Compare

Argus Media

Energy and commodity price reporting

Compare

OPIS

Oil Price Information Service for fuel pricing

Compare

vs Developer APIs

These APIs are developer-friendly but focus on stocks, forex, or general commodities rather than oil & energy.

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OilPriceAPI vs
The Competition

vs Enterprise Data Providers

Bloomberg Terminal

Refinitiv Eikon

S&P Global Platts

Argus Media

OPIS

vs Developer APIs

Quandl / Nasdaq Data Link

Yahoo Finance API

Alpha Vantage

Commodities-API

IEX Cloud

Twelve Data

Ready to Try OilPriceAPI?

OilPriceAPI vsThe Competition

vs Enterprise Data Providers

Bloomberg Terminal

Refinitiv Eikon

S&P Global Platts

Argus Media

OPIS

vs Developer APIs

Quandl / Nasdaq Data Link

Yahoo Finance API

Alpha Vantage

Commodities-API

IEX Cloud

Twelve Data

Ready to Try OilPriceAPI?

OilPriceAPI vs
The Competition