American Dollar to Canadian Dollar = 0.736377; American Dollar to Chinese Yuan = 0.137214; American Dollar to Euro = 1.080292; American Dollar to Japanese Yen = 0.006849; American Dollar to Mexican Peso = 0.059614.
https://www.x-rates.com/table/?from=USD&amount=1.00
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Futures were little changed in New York after gaining 2 percent last week. The number of U.S. rigs targeting oil remained unchanged at 747, Baker Hughes data showed Friday. A repair of the North Sea’s Forties Pipeline System is complete and pressure testing has started, operator Ineos Group said Monday. The halt of the line earlier this month sent prices surging. Oil is heading for a second yearly advance as the Organization of Petroleum Exporting Countries and its allies including Russia prolong supply curbs through the end of 2018. Iraq’s Oil Minister Jabbar Al-Luaibi said Monday that he’s optimistic prices will gain next year with global stockpiles falling and demand rising in China and India. Click Read More below for additional information.
Oil remains in a bear market on concern rising global supply will offset curbs by the Organization of Petroleum Exporting Countries and its partners including Russia. OPEC’s first assessment of world markets in 2018 suggested that its current output of 32.6 million barrels a day -- swollen by a recovery in Libya and Nigeria that are exempt from the cuts -- will be too high. “Given how the rebalancing process appears to be taking its time, it will be difficult to avoid having the discussion with Libya and Nigeria of eventually capping their output, provided of course the gains in the two countries are sustained,” said Harry Tchilinguirian, head of commodity markets strategy at BNP Paribas SA in London. Click Read More below for more of the story.
American Dollar to Canadian Dollar = 0.790046;
American Dollar to Chinese Yuan = 0.158944;
American Dollar to Euro = 1.230345;
American Dollar to Japanese Yen = 0.009292;
American Dollar to Mexican Peso = 0.054088.