AAA Daily Fuel Gauge Report for Friday, 1/12/24

National Average Price for Regular Unleaded Current: $3.290; Month Ago: $3.380; Year Ago: $3.301. National Average Price for Diesel Current: $4.677; Month Ago: $5.058; Year Ago: $3.575.

Major oil-producing countries moved on Friday toward an agreement to jointly raise exports, a decision that has driven considerable division among them but that could temper criticism from President Trump. Officials from the Organization of the Petroleum Exporting Countries, as well as other major producers like Russia, were set to increase their total output by less than 1 percent of the global oil supply. Though a relatively small addition to the world energy market, the move nevertheless signals a willingness by international suppliers to address rising prices. Click Read More below for additional information.

American Dollar to Canadian Dollar = 0.748282; American Dollar to Chinese Yuan = 0.148422; American Dollar to Euro = 1.093504; American Dollar to Japanese Yen = 0.007788; American Dollar to Mexican Peso = 0.053450.