American Dollar to Canadian Dollar = 0.747830; American Dollar to Chinese Yuan = 0.140499; American Dollar to Euro = 1.091868; American Dollar to Japanese Yen = 0.006892; American Dollar to Mexican Peso = 0.058730.
https://www.x-rates.com/table/?from=USD&amount=1.00
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Futures dropped 1.1 percent in New York after a third weekly loss. Russia, which along with Saudi Arabia is trying to garner support for lifting output limits, was said to have boosted production earlier this month to above the level envisioned by OPEC. Meanwhile, the number of rigs drilling for crude in the U.S. inched higher, signaling output may extend a record. Saudi Arabia and Russia, among the countries with spare capacity to raise production, signaled last month they may restore output even though they hadn’t yet consulted most other producers. Oil prices have fallen more than 7 percent since the two nations made their proposal public. Click Read More below for additional information.
India’s imports of African crude oil in October plunged to their lowest in over four years, with the world’s No.3 oil consumer increasingly turning to cheaper supplies from the United States and heavier Middle Eastern grades, ship tracking data showed. U.S. crude production has soared more than 14 percent since mid-2016 to 9.65 million barrels per day (bpd), altering trade routes as its relatively cheap and light grades become a viable import option for Asian refiners. “Earlier in Asia, West African oil was competing with Middle East grades, but now it has a new competitor: the U.S.,” said Ehsan Ul-Haq, director of crude oil and refined products at consultancy Resource Economist. Click Read More below for additional information.
American Dollar to Canadian Dollar = 0.723793; American Dollar to Chinese Yuan = 0.138926; American Dollar to Euro = 0.971826; American Dollar to Japanese Yen = 0.006766; American Dollar to Mexican Peso = 0.049825.