Please Provide bitOIL Feeds!

[emski]

I presume these aren't useful, I don't know what you guys require but that looks live

http://www.livecharts.co.uk/MarketCharts/crude.php

That looks exactly same source as the tradingview links posted above which apparently aren't good enough.

Ahh I want to buy bitOIL too :(

Oops, yeah it even says 'charts by trading view'. Oh well

Perhaps I was too quick to dismiss them. This is actually a realtime spot price. I wonder how is it calculated...

UPDATE: wow it looks like USOIL is falling quickly

so let's get the market active before we reach $100/OIL again !!!   :)

Well that asset USOIL is a "Contract for Difference" on http://www.fxcm.com/ that has underlying asset WTI ( http://www.fxcm.com/uk/markets/cfds/symbol-guide/ ). I'm not sure how they created this feed and what it represents exactly. I doubt this resource is a good idea for a blockchain feed.
I think we should first define what bitOil should represent.

[liondani]

I presume these aren't useful, I don't know what you guys require but that looks live

http://www.livecharts.co.uk/MarketCharts/crude.php

That looks exactly same source as the tradingview links posted above which apparently aren't good enough.

Ahh I want to buy bitOIL too :(

Oops, yeah it even says 'charts by trading view'. Oh well

Perhaps I was too quick to dismiss them. This is actually a realtime spot price. I wonder how is it calculated...

UPDATE: wow it looks like USOIL is falling quickly

so let's get the market active before we reach $100/OIL again !!!   :)

[emski]

I presume these aren't useful, I don't know what you guys require but that looks live

http://www.livecharts.co.uk/MarketCharts/crude.php

That looks exactly same source as the tradingview links posted above which apparently aren't good enough.

Ahh I want to buy bitOIL too :(

Oops, yeah it even says 'charts by trading view'. Oh well

Perhaps I was too quick to dismiss them. This is actually a realtime spot price. I wonder how is it calculated...

UPDATE: wow it looks like USOIL is falling quickly

[Empirical1.2]

I presume these aren't useful, I don't know what you guys require but that looks live

http://www.livecharts.co.uk/MarketCharts/crude.php

That looks exactly same source as the tradingview links posted above which apparently aren't good enough.

Ahh I want to buy bitOIL too :(

Oops, yeah it even says 'charts by trading view'. Oh well

[LRENZ]

I presume these aren't useful, I don't know what you guys require but that looks live

http://www.livecharts.co.uk/MarketCharts/crude.php

That looks exactly same source as the tradingview links posted above which apparently aren't good enough.

Ahh I want to buy bitOIL too :(

[Empirical1.2]

I presume these aren't useful, I don't know what you guys require but that looks live

http://www.livecharts.co.uk/MarketCharts/crude.php

[emski]

https://www.tradingview.com/e/?symbol=USOIL
https://www.tradingview.com/e/?symbol=UKOIL

Nice find. Yea that looks good to me, as long as it's specified what the source is it works, right?

These are daily feeds. We need spot price. Spot price is defined as a future expiring at specific date (specific hub, specific OIL type). We need to update quickly the spot price due to its fluctuations. If you can suggest how could we devise the spot price without modifying the client - go on.

[vegolino]

I  would like to trade bitOIL as well.  :)

[teenagecheese]

https://www.tradingview.com/e/?symbol=USOIL
https://www.tradingview.com/e/?symbol=UKOIL

Nice find. Yea that looks good to me, as long as it's specified what the source is it works, right?

[pgbit]

https://www.tradingview.com/e/?symbol=USOIL
https://www.tradingview.com/e/?symbol=UKOIL

[teenagecheese]

Maybe even a derivative of crude oil price would be o.k.? Like average price at the pump for U.S....I understand that it is not directly correlated but at least it would give traders access to the market in some form.

...if that will not work and they have to use future prices, than it sounds like we have to have client development. For now probably not important enough.

[emski]

Also, would we want the future's price, or the spot price?

In current system we need the spot price. However I'm not sure how can we define it.

[julian1]

Also, would we want the future's price, or the spot price?

[emski]

The feed type is significant:

for example - can be a wide difference between:

http://en.wikipedia.org/wiki/West_Texas_Intermediate
http://en.wikipedia.org/wiki/Brent_Crude

Thanks for the info. If that is the case, that is fine. Maybe they will need to take an average and provide that. Whatever will work is up to them to decide, I just want them to do it.

Types of OIL are significantly different and their price might not correlate.

What you are suggesting is something like a peg to multiple sources. For example if we define the price of EUC as (1/3 of EUR + 1/3 of USD + 1/3 of CNY) and all delegates agree to supply such feed => you will have a portfolio of assets. Which doesn't solve the issue with OIL feeds as they are defined as futures for a specific date.

[emski]

https://www.quandl.com/c/markets/crude-oil

Platinum and palladium prices too:
(spreadsheet cell)
=importHTML("http://www.apmex.com/","table",1)

These prices are updated daily. That is not frequent enough.
The prices that are used are futures for a specific date (15th march, 15th june .. etc) and for specific hub and for specific type of OIL ( Crude Oil Mar 15 (CLH15.NYM) ),
If we want to use the same prices we need changes into the bitshares client.
For example Crude Oil Mar 15 (CLH15.NYM) should expire after 15th march. And we should have at least 1 additional OIL asset per month.

This is not a job just for a delegate feed.