AAA Daily Fuel Gauge Report for Friday, 8/25/23
National Average Price for Regular Unleaded Current: $3.828; Month Ago: $3.636; Year Ago: $3.878. National Average Price for Diesel Current: $4.360; Month Ago: $3.900; Year Ago: $4.989.
https://gasprices.aaa.com/
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Key Currency Exchange Rates for Friday, 12/22/23
American Dollar to Canadian Dollar = 0.753119; American Dollar to Chinese Yuan = 0.140270; American Dollar to Euro = 1.102268; American Dollar to Japanese Yen = 0.007036; American Dollar to Mexican Peso = 0.058948.
Brent Hits Six-Week High as U.S.-Saudi Talks Raise Risk for Iran
Futures rose as much as 1.2 percent to a six-week high, after advancing 2.1 percent on Tuesday. Donald Trump hinted at withdrawal from a deal curbing Iran’s nuclear program as Saudi Arabia’s Mohammed Bin Salman began a U.S. visit. Such a decision would raise the risk of the OPEC member’s oil exports being curtailed by sanctions. The specter of conflict involving giant producers is jolting prices, which have traded in a tight range since February. With the Organization of Petroleum Exporting Countries and its allies concluding that the market will rebalance by the end of September, Citigroup Inc. predicts oil’s recent “sideways” move is unlikely to last. Still, investors will be wary of growth in U.S. supply, which has threatened to undermine OPEC’s efforts to eliminate a global glut. Click Read More below for additional information.