American Dollar to Canadian Dollar = 0.795552;
American Dollar to Chinese Yuan = 0.150356;
American Dollar to Euro = 1.170767;
American Dollar to Japanese Yen = 0.008854;
American Dollar to Mexican Peso = 0.054006.
http://www.x-rates.com/table/?from=USD&amount=1.00
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Crude oil futures steadied on Monday, supported by a rebound in stock markets and escalating Saudi-Iran tensions.
Global stocks came off six-week lows on optimism that the United States and China are set to begin trade talks, easing fears about a trade war between the world’s two largest economies.
The possibility of a full-blown trade war had weighed on the energy complex on fears that it could harm oil demand.
Brent crude futures LCOc1 were up 9 cents at $70.54 a barrel at 1206 GMT. U.S. West Texas Intermediate (WTI) crude futures CLc1 eased 5 cents to $65.83.
Brent crude oil hit a more than three-year high on Thursday, breaking through the psychologically important $70 a barrel level for the first time since December 2014. Oil futures failed to hold the gains, selling off as the close of trading approached, with analysts warning that the market might have little room left to run. Oil prices have been supported by stronger-than-expected demand fueled by worldwide economic growth, ongoing output limits by OPEC and Russia and a series of global events that have stoked geopolitical tension. Click Read More below for additional information.
Futures were down 1 percent in New York, extending last week’s 3.9 percent drop. The two African producers, who were exempt from supply cuts because of internal strife but are now recovering, have been invited to a July 24 meeting in Russia to discuss whether their production has stabilized, Kuwait’s Oil Minister Issam Almarzooq said in Istanbul. BNP Paribas SA sharply reduced its price forecasts for this year and next because supply growth elsewhere is diluting the impact of the OPEC-led curbs. Oil in New York and London remains in a bear market amid concerns elevated global oil inventories and rising supply will offset curbs by the Organization of Petroleum Exporting Countries and its partners including Russia. Libya and Nigeria together added 440,000 barrels a day of production in May and June as fields restarted, according to data compiled by Bloomberg. It’s premature to talk about deepening output cuts, OPEC Secretary-General Mohammad Barkindo said in Istanbul. Click Read More below for more of the story.