American Dollar to Canadian Dollar = 0.735112; American Dollar to Chinese Yuan = 0.144050; American Dollar to Euro = 1.056709; American Dollar to Japanese Yen = 0.007366; American Dollar to Mexican Peso = 0.054148.
https://www.x-rates.com/table/?from=USD&amount=1.00
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Futures were little changed in New York after tumbling 2.9 percent Wednesday, the biggest daily drop since Oct. 6. Motor-fuel stockpiles rose by 6.78 million barrels last week for a fourth weekly advance, according to Energy Information Administration data. That’s more than double the most bearish estimate in a Bloomberg survey. U.S. oil output increased to a record. U.S. crude inventories fell by 5.61 million barrels last week, the EIA reported Wednesday. Oil production expanded for a seventh week to 9.7 million barrels a day, the highest level in weekly data compiled by the EIA since 1983. Click Read More below for additional information.
National Average Price for Regular Unleaded Current: $3.457; Month Ago: $3.421; Year Ago: $4.289. National Average Price for Diesel Current: $4.319; Month Ago: $4.525; Year Ago: $5.083.
Oil gained last week to rise above its 200-day moving average for the first time since May as concerns eased that efforts by the Organization of Petroleum Exporting Countries and its allies to curb output will be offset by rising production elsewhere. Police in Venezuela clashed with demonstrators after a vote Sunday to elect members of a new legislative body that President Nicolas Maduro insisted is needed to restore order after months of protests. “Depending on how the Trump administration decides to proceed going forward, of course that could have implications,” including potentially blocking imports of Venezuelan crude, said Harry Tchilinguirian, a commodities analyst at BNP Paribas SA in London. “It’s very unclear at this stage what course the U.S. administration will follow.” Click Read More below for additional details.