OilData API + GPT

What happens when you combine AI + Data - using ChatGPT and OilpriceAPI

How about an instant news feed?

If you are an OpenAI subscriber you can test it here. Else here is the output run earlier today - just by clicking the link.

>Talked to api.oilpriceapi.com

Current Brent Crude Oil Price

• Price: $77.99

• Currency: USD

• Date: January 3, 2024

Top Stories Impacting Brent Crude Oil Price

Geopolitical Tensions

• Middle East Conflict Escalation: Two explosions in Iran have resulted in 100 casualties, intensifying regional tensions.

Supply-Demand Dynamics

• Libya's Sharara Oil Field: Protestors have shut down Libya's largest oil field, impacting oil supply.

• OPEC+ Meeting: Scheduled for next month, which could influence future supply dynamics.

Environmental Policies and Green Energy Shift

• Germany's Renewable Energy: Record capacity additions in renewable energy were made in 2023, indicating a shift towards greener sources.

• Italy's EV Incentive Plan: Considering a $1-billion plan to boost electric vehicle sales, potentially affecting oil demand.

Market Speculation and Investment Trends

• Oil Sovereign Wealth Funds: The "Oil Five" sovereign wealth funds surpass a $4 trillion mark, indicating significant financial movements in the oil sector.

For the latest Brent Crude Oil prices, visit Oil Price API.