American Dollar to Canadian Dollar = 0.739167; American Dollar to Chinese Yuan = 0.145198; American Dollar to Euro = 1.098098; American Dollar to Japanese Yen = 0.007472; American Dollar to Mexican Peso = 0.055583.
https://www.x-rates.com/table/?from=USD&amount=1.00
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Futures in New York slid 0.3 percent after closing at the highest since Feb. 5 on Monday as crude exports from a key Libyan terminal were disrupted. The focus now shifts to U.S. stockpiles, which are forecast to have risen last week. While they increased in three of the past four weeks, the pace of gains slowed, allaying fears that American supply will undermine OPEC’s output curbs. U.S. inventories probably rose by 2 million barrels last week, following a surprise drop in the previous week, according to a Bloomberg survey before Energy Information Administration data due Wednesday. The number of rigs drilling for oil in the U.S. has risen for five consecutive weeks to the highest in almost three years, Baker Hughes data show. Click Read More below for additional information.
The Diplomat, a venerable outpost on the South Florida coast, has been refreshed and relaunched with the help of the Korn Design team. Principal Denise Korn says that her primary goal was to bring back the mystique and ethos of a bygone era, and reintroduce it as a vibrant hub and destination. Her solution is to a combination of “owning the beach” in the new name, The Diplomat Beach Resort, and reinjecting the entire property with a sense of “something new under the sun.”
Oil is struggling to regain the highs of January after a sell-off in global equities seeped into crude markets earlier this month. Surging U.S. production continues to challenge efforts by the Organization of Petroleum Exporting Countries and its friends to alleviate a global oversupply, with forecasts pointing to record output from the Permian shale basin. “Prices are vulnerable to the downside over the coming months,” said Giovanni Staunovo, an analyst at UBS Group AG in Zurich. “Though the market likes OPEC and its allies’ show of unity, we still need to see how U.S. shale companies will react on higher prices and eventually offset all the efforts of OPEC and others to reduce inventories.” The increase in U.S. production is not “a blip,” Brouillette said. “We are optimistic about 2019 and 2020 too.” Click Read More below for additional information.