Key Currency Exchange Rates for Friday, 1/19/18

American Dollar to Canadian Dollar = 0.736701; American Dollar to Chinese Yuan = 0.141727; American Dollar to Euro = 1.115874; American Dollar to Japanese Yen = 0.006928; American Dollar to Mexican Peso = 0.051637.

National Average Price for Regular – Current: $2.521; Month Ago: $2.456; Year Ago: $2.351. National Average Price for Diesel – Current: $2.921; Month Ago: $2.836; Year Ago: $2.532.

Futures added 0.7 percent in New York after advancing 3.3 percent the previous two sessions. The global economic recovery has gained traction and oil de-stocking gathered pace in recent months, Barkindo said Tuesday. Producers in the U.S. Gulf have cut output by a million barrels a day, or 59 percent, because of Tropical Storm Nate, the Bureau of Safety & Environmental Enforcement said. Oil has inched higher in the past few days -- following the biggest weekly loss since May -- on signs of tighter supply. U.S. crude stockpiles probably fell by 2.4 million barrels last week, according to a Bloomberg survey before an Energy Information Administration report Thursday. Barkindo, speaking in New Delhi, said the Organization of Petroleum Exporting Countries had boosted oil-demand estimates for this year and next. “OPEC is talking to a market which is currently prepared to listen, given the visible improvements seen during the past few months,” said Ole Sloth Hansen, head of commodity strategy at Saxo Bank A/S. Click Read More below for more of the story.