AAA Daily Fuel Gauge Report for Friday, 12/09/22

Oil steadied above $62 a barrel on Tuesday as expectations of a drop in U.S. crude inventories and prolonged supply curbs by OPEC and other producers countered rising output in the United States. An OPEC-led producer group last week extended a supply-cutting deal through 2018, but the resulting support for prices could bolster U.S. output which climbed to nearly 9.5 million barrels per day in September. An OPEC-led producer group last week extended a supply-cutting deal through 2018, but the resulting support for prices could bolster U.S. output which climbed to nearly 9.5 million barrels per day in September. Click Read More below for additional information.

American Dollar to Canadian Dollar = 0.743551; American Dollar to Chinese Yuan = 0.139068; American Dollar to Euro = 1.093515; American Dollar to Japanese Yen = 0.006792; American Dollar to Mexican Peso = 0.059317.

National Average Price for Regular Unleaded Current: $3.448; Month Ago: $3.765; Year Ago: $3.378. National Average Price for Diesel Current: $5.132; Month Ago: $5.310; Year Ago: $3.632.