American Dollar to Canadian Dollar = 0.724097; American Dollar to Chinese Yuan = 0.137248; American Dollar to Euro = 1.068313; American Dollar to Japanese Yen = 0.006604; American Dollar to Mexican Peso = 0.056092.
https://www.x-rates.com/table/?from=USD&amount=1.00
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Short term, oil-pricing volatility will continue. Traders will likely consider any forward interruption – perceived or actual – in Iranian crude export flow as upward pressure on global prices. If this happens and JCPOA is not immediately closed, (i.e., should those second and third possible scenarios I mentioned play out), there will be a pullback. Overall, other factors have been contributing to an increasing floor for the oil-pricing band, supported by continuing OPEC production problems in Venezuela, Nigeria, and Libya. Click Read More below for additional information.
National Average Price for Regular Unleaded Current: $3.392; Month Ago: $3.123; Year Ago: $3.320. National Average Price for Diesel Current: $4.614; Month Ago: $4.745; Year Ago: $3.643.
Futures in New York rose as much as 0.6 percent after adding 2.5 percent in the past three sessions. An industry report showed U.S. inventories fell last week, with government data Wednesday forecast to show a fourth straight drop. Crude’s recent gains have been driven by fighting between the Iraqi government and Kurdish forces in the oil-rich Kirkuk region, which could stoke tensions beyond the country’s borders. Iraq is just one of the oil market’s geopolitical risks, with uncertainty also growing over tensions between Iran and the U.S., Goldman Sachs Group Inc. said Tuesday. The Persian Gulf nation said it would support an extension of OPEC output cuts to the end of 2018 and insisted its production plans won’t be disrupted by U.S. President Donald Trump’s disavowal of the nuclear deal that’s boosted its exports. Click Read More below for additional information.