Key Currency Exchange Rates for Friday, 9/3/21

The HOW Promotion & Marketing Design Awards, which is HOW’s longest-running competition, has seen thousands and thousands of outstanding promo-driven design projects over the years. One such winning project—one that informed, persuaded and filled a need with flying colors—is Baton Rouge-based design firm Xdesign Inc.‘s work for Capitol City Produce. The project—a campaign for a cocktail creation contest created as a way for the client to showcase their products—was spearheaded by Xdesign Inc. art director Tiffanie Pitre and her team, which includes graphic designer Simone Begneaud, illustrator Vitalija Svencionyte, and copywriter Paige Fenerty.

Oil has been trading in a tight range this month, with prices hovering around $60 a barrel as rising U.S. output continues to stoke fears that a shale boom will limit price increases. Still, the Organization of Petroleum Exporting Countries and allied producers are continuing production cuts in an effort to drain a global glut and help prop up prices. A robust global economy has also led banks including Goldman Sachs Group Inc. to project strong demand for oil this year. The IEA raised its estimate for global oil demand growth by 90,000 barrels a day to 1.5 million a day in 2018 as a stronger outlook for developed economies offsets weakening expectations for emerging nations. Steady growth was also reflected in the American Petroleum Institute’s latest report showing U.S. oil consumption rose to the highest in 11 years even as crude production hit a new monthly record. Click Read More below for additional information.

National Average Price for Regular Unleaded Current: $3.126; Month Ago: $3.086; Year Ago: $2.179. National Average Price for Diesel Current: $3.245; Month Ago: $3.185; Year Ago: $2.438.