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feat: use EIA as primary Brent crude source with FRED fallback

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This commit is contained in:
Ovidiu U
2026-04-14 16:23:06 +01:00
parent 4220b1b86a
commit a7ee9f4557
2 changed files with 142 additions and 17 deletions
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89
app/Services/OilPriceService.php
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@@ -40,9 +40,84 @@ class OilPriceService
) {}
/**
* Fetch the last 30 days of Brent crude prices from FRED and store them.
* Fetch the last 30 days of Brent crude prices.
* Tries EIA first; falls back to FRED if EIA is unavailable.
*/
public function fetchBrentPrices(): void
{
$rows = $this->fetchFromEia();
if ($rows === null) {
Log::warning('OilPriceService: EIA fetch failed, falling back to FRED');
$rows = $this->fetchFromFred();
}
if ($rows === null) {
Log::error('OilPriceService: both EIA and FRED fetch failed');
return;
}
BrentPrice::upsert($rows, ['date'], ['price_usd']);
}
/**
* Fetch Brent crude prices from the EIA Open Data API.
* Returns mapped rows or null on any failure.
*
* @return array{date: string, price_usd: float}[]|null
*/
private function fetchFromEia(): ?array
{
$url = 'https://api.eia.gov/v2/petroleum/pri/spt/data/';
try {
$response = $this->apiLogger->send('eia', 'GET', $url, fn () => Http::timeout(10)
->get($url, [
'api_key' => config('services.eia.api_key'),
'frequency' => 'daily',
'data[0]' => 'value',
'facets[series][]' => 'RBRTE',
'sort[0][column]' => 'period',
'sort[0][direction]' => 'desc',
'length' => 30,
]));
if (! $response->successful()) {
Log::error('OilPriceService: EIA request failed', ['status' => $response->status()]);
return null;
}
$rows = collect($response->json('response.data') ?? [])
->filter(fn (array $row) => ($row['value'] ?? '.') !== '.')
->map(fn (array $row) => [
'date' => $row['period'],
'price_usd' => (float) $row['value'],
])
->all();
if (empty($rows)) {
Log::warning('OilPriceService: no valid EIA observations returned');
return null;
}
return $rows;
} catch (Throwable $e) {
Log::error('OilPriceService: fetchFromEia failed', ['error' => $e->getMessage()]);
return null;
}
}
/**
* Fetch Brent crude prices from FRED (fallback).
* Returns mapped rows or null on any failure.
*
* @return array{date: string, price_usd: float}[]|null
*/
private function fetchFromFred(): ?array
{
$url = 'https://api.stlouisfed.org/fred/series/observations';
@@ -59,11 +134,11 @@ class OilPriceService
if (! $response->successful()) {
Log::error('OilPriceService: FRED request failed', ['status' => $response->status()]);
return;
return null;
}
$rows = collect($response->json('observations') ?? [])
->filter(fn (array $obs) => $obs['value'] !== '.') // FRED uses '.' for missing data
->filter(fn (array $obs) => $obs['value'] !== '.')
->map(fn (array $obs) => [
'date' => $obs['date'],
'price_usd' => (float) $obs['value'],
@@ -73,12 +148,14 @@ class OilPriceService
if (empty($rows)) {
Log::warning('OilPriceService: no valid FRED observations returned');
return;
return null;
}
BrentPrice::upsert($rows, ['date'], ['price_usd']);
return $rows;
} catch (Throwable $e) {
Log::error('OilPriceService: fetchBrentPrices failed', ['error' => $e->getMessage()]);
Log::error('OilPriceService: fetchFromFred failed', ['error' => $e->getMessage()]);
return null;
}
}