Are you looking for a tool that can help you save money on heating oil? Then, this API is for you!
Heating oil is one of the most popular fuels for heating. It is a petroleum-based fuel that is used in homes and buildings to provide heat. It is often used in combination with other fuels, such as natural gas or electricity. It is a mixture of various hydrocarbons that is refined from crude oil. Heating oil is also known as No. 1 fuel oil or No. 1 diesel fuel. This fuel can be used to heat both commercial and residential buildings, as well as to power generators.
API stands for Application Programming Interface, which means that an API provides a set of functions and protocols that allow software programs to communicate with each other. A heating oil prices API provides information about the current prices of heating oil in your area, as well as historical pricing data. This information can be used to make decisions about when to buy or sell heating oil.
Also, heating oil is one of the most used products in the winter time. It is used to heat houses and apartments and is most commonly used in homes that are not connected to the gas or electric grid. It is stored in tanks and transported through pipelines. This type of fuel is used in furnaces and boilers to provide heat and hot water. And it is also used in stoves and fireplaces. Its price varies depending on the season and the demand
In addition, APIs are easy to use and they are constantly being updated with the latest pricing data from across the country. So if you’re looking for a way to save money on your heating bills, then this Commodities API is definitely the way to go.
Commodities API
Real-time information on valued commodities may be accessed through the Commodities API, which is provided by more than 10 different exchange rate data providers for commodities pricing. The API has many endpoints, each of which has a specific function. The endpoint can submit API requests for data on daily fluctuations, convert values, receive time-series data for one or more currencies, acquire the most recent commodity rate data for all or a specific set of currencies, and get data on one or more currencies.
All You Have To Do To Utilize It Is:
- Go to Commodities API and simply sign up, when you are done you’ll be ready to start using the API!
- Employ the different API endpoints using the symbols given by the API depending on what you are looking for.
- Once you meet your needed endpoint, make the API call by pressing the button “run” and see the results on your screen.
Depending on the commodity you’re looking for, this API will give you a different kind of response. In this instance, we’re interested in learning more about heating oil. The API gave us the symbol (HOU22) to use when looking up information on Heating Oil:
{"data":{"success":true,"timestamp":1681508580,"date":"2023-04-14","base":"USD","rates":{"HOU22":0.37735849056604},"unit":"per gallon"}}
As you can see, the answer is that one dollar is equal to 0.37735849056604 gallons of heating oil.
Here are some definitions that will help you understand the response from this API:
- API Key: A unique key assigned to each API account used to authenticate with the API.
- Symbol: Refers to the three-letter currency code or metal code of a given currency.
- Base Currency: The currency to which exchange rates are relative to. (If 1 USD = X EUR, USD is the base currency)
- Target Currency: The currency an amount is converted to. (If 1 USD = X EUR, EUR is the target currency)
- Base URL: Refers to URL which all API request endpoints and URLs are based on.
Moreover, Commodities API offers data with a two-decimal place precision in more than 170 different currencies. You can perform up to 100.000 API requests each month and receive data updates every 60 seconds, depending on the subscription you choose. This API also comes with a seven-day trial period.