AAA Daily Fuel Gauge Report for Friday, 8/18/23

American Dollar to Canadian Dollar = 0.750636; American Dollar to Chinese Yuan = 0.148935; American Dollar to Euro = 1.167197; American Dollar to Japanese Yen = 0.009558; American Dollar to Mexican Peso = 0.046805.

Futures climbed 1.4 percent in New York, paring this week’s loss to 1.5 percent. China’s crude oil imports rebounded from a one-year low to near a record amid signs the nation’s commercial stockpiles shrank by the most in almost eight years. U.S. crude output increased to a record last week, while motor fuel inventories rose more than double analysts’ forecasts, government data showed Wednesday. U.S. crude production expanded for a seventh week to 9.7 million barrels a day, the highest level in weekly data compiled by the Energy Information Administration since 1983. Gasoline inventories rose by 6.78 million barrels last week, the biggest gain since January. Click Read More below for additional information.

In the January/February 2018 magazine, which kicked off our 55th year of publishing, GDUSA released its annual Students To Watch roundup. In addition, we’ve compiled a list of our favorite institutions which prepare students to work in professional graphic design, based on a mix of objective and subjective factors, including our own decades-long relationships with designers, students, educators, recruiters.