AAA Daily Fuel Gauge Report for Friday, 5/14/21

American Dollar to Canadian Dollar = 0.781903; American Dollar to Chinese Yuan = 0.155547; American Dollar to Euro = 1.213661; American Dollar to Japanese Yen = 0.009550; American Dollar to Mexican Peso = 0.049477.

Oil prices rose on Friday after the Saudi energy minister said OPEC would need to keep coordinating supply cuts with non-member countries including Russia into 2019. Oil’s rise defied a slump in global stock markets, which fell in response to worries about a trade stand-off between the United States and China. Gold XAU=, seen as a safe haven, hit a two-week high. Brent crude futures LCOc1 were at $69.10 per barrel at 1136 GMT, up 19 cents but off a session high of $70. For the week, Brent was up about 4.4 percent, its strongest showing since October. U.S. West Texas Intermediate (WTI) crude futures CLc1 were at $64.57 a barrel, up 27 cents but below a session high of $65.42. On the week, WTI was up about 3.6 percent.

National Average Price for Regular Unleaded Current: $3.474; Month Ago: $3.431; Year Ago: $4.318. National Average Price for Diesel Current: $4.364; Month Ago: $4.581; Year Ago: $5.058.