Would you like to get crude oil prices but don’t know where to look for them? Well, here we will offer you the solution to your problems. This is the best crude oil rates API service.
Petroleum is a very dark or black mineral oil, less dense than water and with a characteristic acrid odor. It is formed by a mixture of hydrocarbons accompanied by sulfur, oxygen and nitrogen in varying amounts. Oil is found only in sedimentary rocks. It originated from a raw material formed fundamentally by the remains of living aquatic organisms, plants and animals that lived in the seas, lagoons, river mouths and near the sea.
Crude oil has very few uses. To obtain the various derivatives, it is necessary to submit it to a refining process, whose main operation is fractional distillation. In it we obtain, at different temperatures, a whole range of commercial products from crude oil. Gaseous substances such as methane, ethane, propane, and butane; liquids such as gasoline, kerosene and fuel oil; solids such as paraffin and tars, among other things.
Although the United States is the world’s leading oil producer, everything it produces is destined for domestic consumption. In fact, they consume so much oil, that they need to import from other countries such as Saudi Arabia, Russia, Iraq, Canada, United Arab Emirates, among others. Be that as it may, if your goal is to buy crude oil for your industry, the best thing you could do is use the incredible Commodities-API service, considered the best commodities rates API.
Why Commodities-API?
If you want to know what this service is, then this is a simple and lightweight open source API (Application Programming Interfaces) for current and historical commodity rates published by banks and stock exchanges. This information is provided in real time with a precision of 2 decimal places and a frequency of up to 60 seconds. In other words, in just 1 minute you can update prices and be alert to the slightest change. Currently, it is the leading service in its market.
If you wonder what the price is, well… incredibly it’s free! Or at least you can use this service without paying anything. But obviously there is a limit on the free plan. These limits are greatly expanded with paid plans. We recommend you access its website and click on the “pricing” button, there you can make a comparison between each available plan.
Finally, you can also create charts to carry out analyzes in a simpler way, between the prices of previous years and compare crude oil with other commodities.
If you have any questions, please contact [email protected] and they will respond to you shortly. Urgent requests are usually handled within minutes.
