Template talk:Crude Oil Prices

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Sources[edit]

Per discussion, remove sources from template and add them here: NYMEX: [1] & [2]. Brent: [3] DragonFire1024 (Talk to the Dragon) 14:20, 27 October 2007 (UTC)[reply]

Here's the direct source for ICE Brent [4] see under "Futures Europe" for pricing info.--SVTCobra 12:53, 30 October 2007 (UTC)[reply]

Updating[edit]

I predict that by the end of this week, the updates are more than 24 hours behind. --SVTCobra 19:21, 30 October 2007 (UTC)[reply]

Why do you say that? I intend to update them as much as I can. I am trying to get a bot to do it, or find someone who can make a bot. DragonFire1024 (Talk to the Dragon) 16:46, 31 October 2007 (UTC)[reply]
Well it was just a prediction, but it was predicated on the notion if oil has peaked (which yesterday suggested) then no one is gonna pay much mind. After today's market action there is little chance of that. But also, it was based on the experience of wikinews/weather. Until it is programmed, it usually goes stale despite the best intentions. Nonetheless, good luck. --SVTCobra 01:15, 1 November 2007 (UTC)[reply]
Sadly, you are right. I'm tempted to remove this - if its outdated we are publishing incorrect information on our main page. What would you think if a big newspaper printed week-old stock/oil prices, even if they did say how old they were. Matt/TheFearow | userpage | contribs 20:22, 11 November 2007 (UTC)[reply]
Well until no one updates it, I think its just fine. DragonFire1024 (Talk to the Dragon) 20:24, 11 November 2007 (UTC)[reply]
We are giving out week-old information on a subject that changes constantly. Unless they read the fine print (Most dont) they will not realise its a week old, and may make incorrect decisions/etc based on it. Matt/TheFearow | userpage | contribs 21:04, 16 November 2007 (UTC)[reply]

Updating and market hours[edit]

The nature of electronic markets mean that they trade pretty much 24 hours a day. However, both NYMEX and ICE post a "closing" price based on market rates at 18:30 UTC. But they trade continuously past that hour. As you may have noted, some sources reset the "change" (the amount the market is up or down) based on that price. It gets confusing (as is the case as of this writing) where we have NYMEX WTI crude up only marginally, but ICE Brent is up huge. If we are to have this as a permanent fixture, we need to come up with a way to standardize it. The markets consider trading after 18:30 UTC to be "business day next" so to speak, even though it is barely the next calendar day even in the Far East. --SVTCobra 01:15, 1 November 2007 (UTC)[reply]

Now that North America has gone back to standard time from daylight savings, the end of business is at 19:30 UTC. --SVTCobra 22:00, 6 November 2007 (UTC)[reply]

New arrows[edit]

I made two new arrows for market prices: [5] & [6] Aborlan 02:08, 2 November 2007 (UTC)[reply]

The svg arrows cannot be used after a certain point because the template on the main page gets screwed up. DragonFire1024 (Talk to the Dragon) 17:31, 5 November 2007 (UTC)[reply]

Page locked?[edit]

Is there any reason the page is locked? —The preceding unsigned comment was added by Cassini83 (talkcontribs)

Good question. Why put a link on the front page to update this, if the page is protected? --SVTCobra 14:16, 16 November 2007 (UTC)[reply]

All main page templates are indef semiprotected, as vandalism does happen. Matt/TheFearow | userpage | contribs 21:02, 16 November 2007 (UTC)[reply]
Ok, but then we shouldn't tease the occasional reader with the Update link. BTW, Jurock made a change that seems to make it a lot simpler to update. Take a look. --SVTCobra 01:24, 17 November 2007 (UTC)[reply]
Anyone who has an account can update provided they have been registered for 48 hours. DragonFire1024 (Talk to the Dragon) 01:34, 17 November 2007 (UTC)[reply]
I've been registered for over 48 hours now and I still can't edit. The latest update of the page is from 2 days ago and everyone who follows the energy markets knows how fast things change. We should try to at least keep up with the closing figures - something that requires more manpower i.e. more openness and less users blocked from editing. --Cassini83 21:41, 19 November 2007 (UTC)[reply]
That is weird. We really should ask someone to create a bot to do the updates. FellowWiki Newsie 21:45, 19 November 2007 (UTC)[reply]
Great idea! It shouldn't be too hard to implement. --Cassini83 21:58, 19 November 2007 (UTC)[reply]
I'm sure I can have ZacharyBot (talk · contribs) do it. I'll work on it this upcoming weekend. —Zachary talk 01:37, 23 November 2007 (UTC)[reply]
as a side note: user:MarketDataBot (To stop people from reinventing the wheel. Unless you want to re-invent the wheel, then go ahead. I think there is also a version of this at commons to upload charts). Bawolff 03:24, 23 November 2007 (UTC)[reply]
I had written up the bot, but didn't set it to run every day, so now it'll update nightly. Sorry for the delay! —Zachary talk 04:50, 14 December 2007 (UTC)[reply]

licensing[edit]

we can't scrape NYMEX data without licensing. –Doldrums(talk) 04:43, 29 January 2008 (UTC)[reply]

and i suspect the same thing holds for a lot of the market data published online. –Doldrums(talk) 04:49, 29 January 2008 (UTC)[reply]

Copyright[edit]

I dicussed copyright if this data on IRC and I have came to the conclusion that this data is copyrighted. As a result, it may have to be deleted. Any thoughts? --A101 - (talk) 16:31, 1 May 2008 (UTC)[reply]

Who would this be copyrighted by? B2xiao (talk) 02:59, 30 May 2008 (UTC)[reply]
Information can not be copyrighted, only the expresion of the information (IANAL and this is just what i think). You can copyright a table of numbers, but you can not copyright the numbers. Bawolff 09:50, 8 July 2008 (UTC)[reply]
Exactly Bawolff. You can't copyright an idea, just your particular expression of that idea.Gopher65talk 14:26, 8 July 2008 (UTC)[reply]
Real-time data from the exchange is copyrightable and a highly valuable asset. However, these prices are not real-time, they are delayed. --SVTCobra 16:02, 8 July 2008 (UTC)[reply]

Broken template as of 01:16, 9 September 2008 (UTC)[edit]

Check to see what's wrong.


Deathgleaner (talk) 01:16, 9 September 2008 (UTC)[reply]