"What advantage then hath the Jew? or what profit is there of circumcision? Much every way: chiefly, because that unto them were committed the oracles of God" (Romans 3:1-2).
Although God loves all the world (John 3:16), it became necessary for Him to choose one nation through which He could convey His Word to all nations. The Jews therefore were given the high honor of bringing both the written Word and the living Word into the world. With such privileges, they also must bear great responsibility; yet most modern-day Jews deny both the inspiration of the Bible and the incarnate deity of Christ. Nevertheless, as the next verses point out: "Shall their unbelief make the faith of God without effect? God forbid" (Romans 3:3-4).
This phrase, "oracles of God," occurs just three times in the New Testament. The word "oracles" (Greek, logion) was understood by the Greeks of that day to refer to actual supernatural utterances given by a spirit through a human medium. Thus, as used in our text, it indicates that the Old Testament should be regarded as nothing less than verbally inspired by God.
Then, in Hebrews 5:12, there is emphasis on the importance of "the first principles of the oracles of God," rebuking those believers who have neglected to learn even the foundational truths of the inerrant Scriptures.
Lastly, the phrase is used in I Peter 4:11: "If any man speak, let him speak as the oracles of God." In context, the apostle is urging anyone with the spiritual gift of teaching to see that his teaching conforms fully to the words of God as revealed in Scripture.
One other time the word "oracles" is used when Moses "received the lively oracles to give unto us" (Acts 7:38). Thus the first five books of the Bible are especially singled out as the "living words" of God! HMM