S&P Global Platts Alternative for
Developers & Startups
Need oil and energy prices without enterprise contracts and sales calls? Get market data via simple REST API from $19/month.
Developer First
Sign up → API key → Data in 5 min
Honest Comparison: S&P Global Platts vs OilPriceAPI
| Feature | S&P Global Platts | OilPriceAPI |
|---|---|---|
| Pricing Model | Enterprise contracts | $19/mo self-serve |
| Sales Process | Weeks/Months | Instant signup |
| Oil & Energy Prices | ||
| REST API | Limited | |
| Python SDK | ||
| Platts Assessments | ||
| Petrochemicals | ||
| Market Intelligence |
Use S&P Global Platts If You Need:
- Platts-specific benchmark assessments
- Petrochemicals and specialty commodities
- Market intelligence and research
- Physical trading benchmarks
Use OilPriceAPI If You Need:
- Standard oil & energy market prices
- REST API with instant access
- Python SDK for quick integration
- No sales calls or contracts
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 S&P Global Platts: feature-by-feature
| Dimension | OilPriceAPI | S&P Global Platts |
|---|---|---|
| Cost | From $19/mo (free tier; 10k calls) | Enterprise license / contact sales |
| Data type | Market & exchange prices (WTI/Brent/gas/fuels) | Proprietary Platts price ASSESSMENTS + market data |
| Access model | REST API + WebSocket + SDKs | Licensed feed / platform |
| Integration time | API key + JSON — under an hour | Enterprise onboarding + license |
| Assessed benchmarks | Not an assessment provider — market/exchange prices | Industry-standard assessed benchmarks (incl. illiquid markets) |
| Update cadence | ~5 min + WebSocket | Assessment windows + real-time market data |
When to choose each
Choose OilPriceAPI when…
- You need tradable/market energy prices via API, cheaply and fast.
- REST/WebSocket + SDKs and an hour-long integration.
- Free tier to evaluate; no enterprise license.
Choose S&P Global Platts when…
- You specifically need the official Platts ASSESSMENT (the licensed benchmark methodology) for contracts, settlement, or illiquid markets — OilPriceAPI is not a substitute for the Platts assessment itself.
- Your workflow is built on Platts symbols/assessment windows.
- You need assessed prices in markets without a liquid exchange reference.
Start Building Today
Skip the sales calls and enterprise contracts. Start with a free account and upgrade when you're ready.