Refinitiv Alternative
Energy Data API 90% Cheaper
Need oil and energy price data? Skip the $22,000/year Refinitiv Eikon license. Get the same energy data via simple REST API from $19/month.
Save 90%+
$49/mo vs $22,000/yr
Honest Comparison: Refinitiv Eikon vs OilPriceAPI
| Feature | Refinitiv Eikon | OilPriceAPI |
|---|---|---|
| Annual Cost | $12,000 - $22,000 | $180 - $1,548 |
| Oil & Energy Prices | ||
| REST API Access | Extra Cost | |
| Python SDK | ||
| Stocks & Equities | ||
| FX & Fixed Income | ||
| News & Research | ||
| Setup Time | Days/Weeks | 5 Minutes |
Use Refinitiv Eikon If You Need:
- Stocks, FX, bonds, and all asset classes
- Eikon desktop application and Excel add-in
- Reuters news and research reports
- Comprehensive financial analytics
Use OilPriceAPI If You Need:
- Only oil & energy commodity prices
- REST API for your application
- Python SDK for quick integration
- 90%+ 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 Refinitiv / LSEG: feature-by-feature
| Dimension | OilPriceAPI | Refinitiv / LSEG |
|---|---|---|
| Cost | From $19/mo (free tier; 10k calls) | Enterprise / per-seat licensing |
| Access model | REST API + WebSocket + SDKs (Python/JS/Java/C#/Ruby) | Workspace/Eikon terminal + Data Platform feed |
| Integration time | API key + JSON — under an hour | Enterprise onboarding + entitlements |
| Energy coverage | WTI, Brent, natural gas, fuels + 20+ codes | Comprehensive cross-asset, global |
| Update cadence | Energy ~5 min + WebSocket push | Real-time across all asset classes |
| Scope | Energy/commodity prices, API-first | Full multi-asset financial data platform |
When to choose each
Choose OilPriceAPI when…
- You need energy/commodity prices programmatically, not a terminal.
- REST/WebSocket + SDKs and a fast integration matter more than breadth.
- Cost-sensitive: energy data without enterprise seat licensing.
Choose Refinitiv / LSEG when…
- You need full cross-asset coverage (equities, FX, fixed income, news).
- Enterprise-wide analytics, screening, and the Workspace workflow are core.
- Your needs extend well beyond energy commodities.
Stop Overpaying for Energy Data
If you only need oil & energy prices, there's no reason to pay Refinitiv prices. Get started for free today.