American Dollar to Canadian Dollar = 0.728561; American Dollar to Chinese Yuan = 0.140517; American Dollar to Euro = 0.980024; American Dollar to Japanese Yen = 0.006899; American Dollar to Mexican Peso = 0.049868.
https://www.x-rates.com/table/?from=USD&amount=1.00
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Futures in New York are up 1.5 percent this week after closing at the highest level in two weeks on Thursday. While the U.S. is pumping near record volumes, exports also jumped to a four-month high last week, helping drain the nation’s stockpiles. Oil stocks in the biggest U.S. storage hub plunged to the lowest level in more than three years. While crude struggled after the best January performance in more than a decade, it’s now finding its footing again as the Organization of Petroleum Exporting Countries and its allies including Russia pledge to persist with output curbs to re-balance the market, and demand remains robust. Click Read More below for additional information.
American Dollar to Canadian Dollar = 0.737959; American Dollar to Chinese Yuan = 0.138498; American Dollar to Euro = 1.078811; American Dollar to Japanese Yen = 0.006608; American Dollar to Mexican Peso = 0.060368.
For a generation, the huge, whitewashed storage tanks at America’s largest oil refinery in Port Arthur, Texas, have stored almost nothing but Saudi crude. The plant is owned by Saudi Arabia’s state-run oil company, Aramco, and since it first bought a stake in 1988, the Motiva refinery guaranteed the kingdom a strategic foothold in the world’s largest energy market. The tankers carrying millions of barrels a month of Arab Light crude from Saudi export terminals to Port Arthur were testament to the strength of the energy and political ties binding Riyadh and Washington. All of a sudden, there are very few Saudi ships arriving in Texas. Since July, Aramco has constricted supply, attempting to drain the crude storage tanks at Motiva -- and many others across America -- part of a plan to lift oil prices, even at the cost of sacrificing its once prized U.S. market. Click Read More below for additional information.