Key Currency Exchange Rates for Friday, 8/05/22

National Average Price for Regular Unleaded Current: $3.567; Month Ago: $3.596; Year Ago: $4.715. National Average Price for Diesel Current: $3.945; Month Ago: $4.112; Year Ago: $5.556.

American Dollar to Canadian Dollar = 0.799513; American Dollar to Chinese Yuan = 0.150202; American Dollar to Euro = 1.181985; American Dollar to Japanese Yen = 0.009118; American Dollar to Mexican Peso = 0.056621.

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.