Very nice! It looks like it will clean up nice, although it doesn't look bad the way it is.
The wire and breaker size is straightforward to calculate. Your spindle requires 2.7amps at FL (Full Load) and 230 volts. 14 gauge wire can handle 15 amps (actually 20, depending on temp) and 12 gauge has a 20 ampacity rating. The voltage when determining the ampacity capability of wire is irrelevant. In your case, I would run #12AWG with a 15 amp breaker. By running the 12awg wire it allows for "headroom" should you decide to do something different with that outlet. You will need a 3 wire conductor with ground so it will have a Black, White, Red, and either green or bare for ground.
Just remember that there is to be no switch between the VFD and the motor. The motor is run directly from the VFD. I have mine utilizing a soft start to slowly spin the grinding wheel up, which is a nice feature. Do not utilize any braking or you will find the grinding wheel across the shop when the nut unscrews itself.
The oiler is somewhat of a mystery to me. Mine has large oil wells with a wheel system to pull the oil onto the ways. Yours has a different system but for the same purpose. The motor is permanently lubricated according to the data plate, so nothing to do there. I use 80w-90 gear oil in mine with STP oil treatment added as a tackifier. One must remember that this is a manual machine and my arm will likely wear out before the ways do.