American Dollar to Canadian Dollar = 0.739913; American Dollar to Chinese Yuan = 0.145387; American Dollar to Euro = 1.062698; American Dollar to Japanese Yen = 0.007425; American Dollar to Mexican Peso = 0.053871.
https://www.x-rates.com/table/?from=USD&amount=1.00
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Futures slipped 0.5 percent in New York after rising 1.2 percent Monday. U.S. refiners closed by Hurricane Harvey more than two weeks ago continue to restart, including the nation’s largest, operated by Motiva Enterprises LLC. The 12 OPEC nations engaged in production cuts reduced their output by 109,000 barrels a day last month, according to a person familiar with the matter. The hurricanes have rattled energy markets, with Irma shutting Florida fuel stations and ports and Harvey earlier halting about one-quarter of the nation’s refining capacity. Goldman Sachs Group Inc. forecasts the two storms will initially hurt crude demand by about 600,000 barrels a day, though the recovery will likely raise consumption and offset that loss. Click Read More below for additional detail.
Representatives of unionized dockworkers this week unanimously supported leadership calls for a strike at U.S. East and Gulf Coast ports if a new contract with employers isn’t reached by Oct. 1. Nearly 300 International Longshoremen’s Association delegates concluded two days of meetings in New Jersey by unanimously supporting International President Harold J. Daggett’s call for a coastwide strike at ports from Maine to Texas on Oct. 1 if a new Master Contract with United States Maritime Alliance employers to replace the current six-year pact is not reached by that time.
Futures lost as much as 1 percent in New York, after falling 2.4 percent in the previous two sessions. Gasoline supplies rose by 4.91 million barrels last week, the American Petroleum Institute was said to report. That will be the biggest gain since January if replicated in government data Wednesday. Libya is gradually resuming output at its biggest oil field, people familiar with the matter said. Nationwide crude stockpiles fell by 4.08 million barrels last week, the API said Tuesday, according to people familiar with the data. Crude stockpiles at Cushing, Oklahoma, climbed by 2.08 million barrels. An Energy Information Administration report Wednesday is forecast to show supplies slid by 500,000 barrels, according to the median estimate in a Bloomberg survey. Click Read More below for more of the story.