Bloomberg API Alternative
Oil & Energy Price Data
Need oil and energy price data? You don't need a $24,000/year Bloomberg Terminal. Get the same energy data via simple REST API from $19/month.
Save 98%
$49/mo vs $24,000/yr
Honest Comparison: Bloomberg vs OilPriceAPI
| Feature | Bloomberg Terminal | OilPriceAPI |
|---|---|---|
| Annual Cost | $24,000+ | $180 - $1,548 |
| Oil & Energy Prices | ||
| REST API Access | Limited | |
| Python SDK | ||
| Stocks & Equities | ||
| Bonds & Fixed Income | ||
| News & Chat | ||
| Setup Time | Days/Weeks | 5 Minutes |
Use Bloomberg If You Need:
- Stocks, bonds, FX, and all asset classes
- Bloomberg Terminal desktop interface
- Bloomberg chat and messaging
- News and real-time financial journalism
Use OilPriceAPI If You Need:
- Only oil & energy commodity prices
- REST API for your application
- Python SDK for quick integration
- 98% cost savings on energy data
Python SDK Included
Get started in minutes with our official Python SDK. No API wrangling required.
pip install oilpriceapi
from oilpriceapi import OilPriceAPI
client = OilPriceAPI("your_api_key")
price = client.get_price("BRENT_CRUDE_USD")
print(f"Brent: {price.value}/barrel")5-Minute Setup
Sign up, get API key, make first call. No contracts or onboarding.
5-Min Updates
Real-time prices updated every 5 minutes with 99.9% uptime.
Enterprise Ready
Used by 83+ trading firms. Bank-grade security and reliability.
OilPriceAPI vs Bloomberg Terminal: feature-by-feature
| Dimension | OilPriceAPI | Bloomberg Terminal |
|---|---|---|
| Cost | From $19/mo (free tier; 10k calls) | ≈ $24,000/yr per terminal seat |
| Access model | REST API + WebSocket + SDKs (Python/JS/Java/C#/Ruby) | Terminal app + BLPAPI/FIX (licensed) |
| Update cadence | Energy prices every ~5 min during market hours; WebSocket push | Real-time streaming across all asset classes |
| Benchmark coverage (energy) | WTI, Brent, natural gas, marine fuels + 20+ energy/commodity codes | Comprehensive — every asset class, global |
| Historical depth | WTI history to 1983; daily/weekly/monthly | Deep multi-decade history, all markets |
| Auth / integration | One API key, JSON — integrate in under an hour | Terminal license + entitlements |
| Scope | Energy & commodity prices, API-first | Full financial platform: equities, FI, news, chat, analytics |
When to choose each
Choose OilPriceAPI when…
- You only need energy/oil price data programmatically (app, dashboard, model).
- You want REST/WebSocket + SDKs and an hour-long integration, not a terminal.
- Cost matters — energy data at <1% of a Bloomberg seat.
- You need WTI/Brent/natural gas/marine fuels with clean JSON + history.
Choose Bloomberg Terminal when…
- You need a full multi-asset platform (equities, fixed income, FX, news, chat).
- Cross-asset analytics, IB chat, and the Terminal workflow are core to your job.
- You require coverage far beyond energy commodities.
Stop Overpaying for Energy Data
If you only need oil & energy prices, there's no reason to pay Bloomberg prices. Get started for free today.