American Dollar to Canadian Dollar = 0.787113; American Dollar to Chinese Yuan = 0.156805; American Dollar to Euro = 1.131219; American Dollar to Japanese Yen = 0.008636; American Dollar to Mexican Peso = 0.048909.
https://www.x-rates.com/table/?from=USD&amount=1.00
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Futures rose as much as 1 percent in New York. Saudi Arabia, OPEC’s largest producer, will limit exports to 6.6 million barrels a day in August, 1 million lower than year earlier, Minister of Energy and Industry Khalid Al-Falih said after a meeting with fellow producers. The nations gathering in St. Petersburg, Russia, made no major changes to their wider supply agreement, stopping short of capping output of Libya and Nigeria.
"Some countries continue to lag" in their compliance "which is a concern we must address head on," Al-Falih told reporters before the meeting ended. While other producers support the recovery in output from Libya and Nigeria "the committee, however, should monitor the impact of such growth in supply on global supply-demand balances." Click Read More below for additional detail.
Global demand for oil is likely to moderate this year, as the price of crude nears $80 a barrel and many key importing nations no longer offer consumers generous fuel subsidies, the International Energy Agency said on Wednesday. Oil has risen 51 percent in the last year, driven by coordinated supply cuts and, this month, by concern over Iranian supply after the United States said it would reimpose sanctions on Tehran over its nuclear activities. Click Read More below for additional information.
National Average Price for Regular Unleaded Current: $3.456; Month Ago: $3.598; Year Ago: $3.581. National Average Price for Diesel Current: $3.806; Month Ago: $3.906; Year Ago: $3.897.