American Dollar to Canadian Dollar = 0.741025; American Dollar to Chinese Yuan = 0.143897; American Dollar to Euro = 1.089271; American Dollar to Japanese Yen = 0.007414; American Dollar to Mexican Peso = 0.056763.
https://www.x-rates.com/table/?from=USD&amount=1.00
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The global oil benchmark flirted with the $80-a-barrel level again on Tuesday, underlining concerns that an unexpectedly strong crude rally could eventually begin to weigh on economic growth. The combination of renewed U.S. sanctions on Iran, potential sanctions on Venezuela, a rising geopolitical risk premium, strong demand and other factors have made talk of $100 crude sound less outlandish. Indeed, some analysts argue that the backdrop now leaves the market more open to potential price spikes. So what if oil did climb back to triple digits for the first time since 2014? Economists led by Arend Kapteyn at UBS laid it out in a wide-ranging note on Tuesday. Click Read More below for additional information.
Oil dipped slightly last week on a weaker demand outlook while Russia cast doubts on the timing of a decision to extend supply cuts led by the Organization of Petroleum Exporting Countries. Wagers on lower Brent prices rose by the most since June through the week to Nov. 14 amid uncertainty over Saudi Arabia’s push to prolong output curbs. Yet an extension remains likely, according to PVM Oil Associates Ltd. “It is widely believed that OPEC, together with 10 non-OPEC countries, will roll over their production for the whole of 2018,” said Tamas Varga, an analyst at PVM in London. Click Read More below for additional information.
National Average Price for Regular Unleaded Current: $3.044; Month Ago: $2.885; Year Ago: $1.968. National Average Price for Diesel Current: $3.181; Month Ago: $3.078; Year Ago: $2.413.