American Dollar to Canadian Dollar = 0.742099; American Dollar to Chinese Yuan = 0.147411; American Dollar to Euro = 1.081910; American Dollar to Japanese Yen = 0.007672; American Dollar to Mexican Peso = 0.052780.
https://www.x-rates.com/table/?from=USD&amount=1.00
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Futures in New York added as much as 1.6 percent after rising 1.3 percent Monday. Saudi Arabia will cap shipments at 6.6 million barrels a day in August, 1 million lower than a year earlier, said Energy and Industry Minister Khalid Al-Falih. In the U.S., Halliburton Co. and Anadarko Petroleum Corp. signaled that the investment in shale fields may finally be succumbing to the oil price slump. “Yesterday’s Saudi decision to cut exports still lingers in the market,” said Bjarne Schieldrop, chief analyst for commodities at SEB Markets. The headlines that the U.S. shale oil boom is easing are also driving futures higher, he said. Click Read More below for more of the story.
“There’s been some constructive developments coming out of OPEC,” Tamar Essner, an energy analyst at Nasdaq Inc. in New York, said by telephone. “The data out of OPEC has been bearish.” Oil has rebounded on growing signs that the market is coming back into balance, with futures climbing above the 200-day moving average last week for the first time since May. Members of the Organization of Petroleum Exporting Countries such as Saudi Arabia and Kuwait promised to reduce crude exports. U.S. crude stockpiles have been on a steady decline and are estimated to have dropped further last week. Click Read More below for more of the story.
American Dollar to Canadian Dollar = 0.719476; American Dollar to Chinese Yuan = 0.139584; American Dollar to Euro = 1.077291; American Dollar to Japanese Yen = 0.006560; American Dollar to Mexican Peso = 0.050080.