Based on a search on the topic "EIA API data oil price volatility r/Energy discussion": Key data sources: 1. EIA (U.S. Energy Information Administration) - provides free API data on energy, including short-term forecasts (STEO) 2. OilPriceAPI.com - live quotes for Brent ($94.80) and WTI ($91.10) updated every 5 minutes 3. Investing.com - Brent oil futures 4. FRED (St. Louis Fed) - historical oil price data Current situation (April 2026): - Geopolitical risks and logistics disruptions led to a sharp price increase in Q1 2026 - Crude oil and petroleum product prices show increased volatility - EIA data has become critically important for traders and analysts Insight for a Telegram post: The release of EIA data (especially on U.S. oil inventories) triggers immediate market reactions. Automated trading systems use the EIA API for instant decision-making, which amplifies short-term volatility. Traders should pay attention not only to the numbers themselves but also to the timing of data releases and market expectations.