“Market players will continue to focus on inventory changes as well as OPEC and non-OPEC compliance,” said Giovanni Staunovo, an analyst at UBS Group AG. “Investors are in a wait-and-see mode, on the lookout for the next material decline in OECD oil inventories.” West Texas Intermediate for May delivery was at $51.41 a barrel, up 26 cents, on the New York Mercantile Exchange at 7:42 a.m. local time. Total volume traded was about 21 percent below the 100-day average. The contract gained 12 cents to $51.15 on Wednesday. Brent for June settlement rose 0.6 percent to $54.71 a barrel on the London-based ICE Futures Europe exchange after climbing 19 cents to $54.36 on Wednesday. The global benchmark crude traded at a premium of $2.85 to WTI for June. click Read More below for more of the story
National Average Price for Regular Unleaded Current: $2.895; Month Ago: $2.869; Year Ago: $1.772. National Average Price for Diesel Current: $3.080; Month Ago: $3.095; Year Ago: $2.445.
merican Trucking Associations President and CEO Chris Spear urged the Federation to work together, and with anyone who is willing to work with trucking, to continue shaping a strong, positive future for the industry. “As an association that puts its members, industry and country first, we must always adhere to the value of working with anyone willing to work with us. Since becoming your President and CEO, ATA’s focus on your priorities has been relentless, posting key wins... from federal tax reform to the preemption of California’s duplicative meal and rest break requirements,” Spear said this morning at the ATA’s 86th Management Conference & Exhibition. “These results contribute to a growth environment.” Working with lawmakers and officials from both sides of the political divide, as well as with the many parts of an industry as diverse as trucking is critical to achieving success on behalf of the industry. “The fact is, the relationships ATA has with the House and Senate -- and both governing parties – are real, strategic and impactful,” he said. “The right wing and left wing belong to the same bird. And as an association that puts its members, industry and country first, we must always adhere to the value of working with anyone willing to work with us. We do that and we soar.”
US Dollar to Canadian Dollar = 0.776456; US Dollar to Chinese Yuan = 0.153861; US Dollar to Euro = 1.142237; US Dollar to Japanese Yen = 0.009349; US Dollar to Mexican Peso = 0.055583