AAA Daily Fuel Gauge Report for Friday, 8/12/22
National Average Price for Regular Unleaded Current: $3.978; Month Ago: $4.655; Year Ago: $3.186. National Average Price for Diesel Current: $5.060; Month Ago: $5.625; Year Ago: $3.294.
https://gasprices.aaa.com/
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Oil Erases Gains After Trump Slams OPEC for Inflating Prices
Oil fell in New York after U.S. President Donald Trump criticized OPEC and said crude prices are “artificially Very High.” The comments came as the Organization of Petroleum Exporting countries and allies including Russia showed willingness to further tighten oil markets and boost prices. Oil has rallied in recent weeks as output cuts from OPEC and its allies were compounded by heightened geopolitical risks, including the possibility of renewed U.S. sanctions on Iran. Meeting in Jeddah, a committee of OPEC and other oil producers found high levels of compliance with the production curbs. Still, there’s capacity for prices to rise beyond this week’s three-year high, according to Saudi Energy Minister Khalid Al-Falih, who said cooperation between producers would continue into 2019. Click Read More below for additional information.
Key Currency Exchange Rates for Friday, 03/23/18 at 12:20 UTC
American Dollar to Canadian Dollar = 0.774435
American Dollar to Chinese Yuan = 0.158177
American Dollar to Euro = 1.235537
American Dollar to Japanese Yen = 0.009508
American Dollar to Mexican Peso = 0.053882