Key Currency Exchange Rates for Friday, 10/21/22

National Average Price for Regular – Current: $2.662; Month Ago: $2.526; Year Ago: $2.380. National Average Price for Diesel – Current: $2.973; Month Ago: $2.945; Year Ago: $2.516.

National Average Price for Regular Unleaded Current: $3.050; Month Ago: $3.066; Year Ago: $3.097. National Average Price for Diesel Current: $3.510; Month Ago: $3.543; Year Ago: $4.025.

Oil gained last week to rise above its 200-day moving average for the first time since May as concerns eased that efforts by the Organization of Petroleum Exporting Countries and its allies to curb output will be offset by rising production elsewhere. Police in Venezuela clashed with demonstrators after a vote Sunday to elect members of a new legislative body that President Nicolas Maduro insisted is needed to restore order after months of protests. “Depending on how the Trump administration decides to proceed going forward, of course that could have implications,” including potentially blocking imports of Venezuelan crude, said Harry Tchilinguirian, a commodities analyst at BNP Paribas SA in London. “It’s very unclear at this stage what course the U.S. administration will follow.” Click Read More below for additional details.