Key Currency Exchange Rates for Friday, 2/4/22
American Dollar to Canadian Dollar = 0.784008; American Dollar to Chinese Yuan = 0.157151; American Dollar to Euro = 1.144151; American Dollar to Japanese Yen = 0.008678; American Dollar to Mexican Peso = 0.048461.
https://www.x-rates.com/table/?from=USD&amount=1.00
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UPS Rate Change Information
Effective August 16, 2021, the Fuel Surcharge table for U.S. UPS Ground services will change. Details on these changes can be found here. The UPS Ground Fuel Surcharge will continue to be based on based on the National U.S. Average on Highway Diesel Fuel Price and adjusted weekly. Changes to U.S. UPS Ground Fuel Surcharge tables will also be reflected on our Fuel Surcharge webpage beginning August 12, 2021. details at: https://www.ups.com/us/en/shipping/surcharges/fuel-surcharges.page?
Oil Advances on Signs U.S. Stockpile Gains Easing After Harvey
Futures climbed as much as 1.3 percent in New York after declining 0.9 percent Tuesday. Inventories expanded by 1.44 million barrels last week, the American Petroleum Institute was said to report. That’s less than half the projected 3.9 million-barrel increase the government is forecast to report Wednesday. Some U.S. refiners are delaying maintenance to take advantage of strong margins.
While oil has rebounded the past two weeks, crude in the U.S. has struggled to hold above $50 a barrel as prices beyond that level make some shale profitable and boost supply. At the same time, the Organization of Petroleum Exporting Countries and its allies are said to be discussing extending by more than three months the output cuts that expire in March. Iraq, the group’s second-biggest producer, has said production should be reduced by an additional 1 percent to help rebalance the market. Click Read More below for additional detail.