American Dollar to Canadian Dollar = 0.750145; American Dollar to Chinese Yuan = 0.143659; American Dollar to Euro = 1.183949; American Dollar to Japanese Yen = 0.009468; American Dollar to Mexican Peso = 0.044644.
https://www.x-rates.com/table/?from=USD&amount=1.00
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Futures in New York were little changed, putting them on course for a 2.8 percent drop in February. An industry report was said to show U.S. oil inventories rose last week, which would be the fourth expansion in five weeks if confirmed in government data. The head of OPEC plans to dine with shale producers in Houston next week at a time when America is pumping at record levels and threatening the group’s efforts to curb a global glut. U.S. crude output is forecast to rise to a record level in February, stoking fears that shale producers may derail OPEC’s strategy of reducing output to clear a global glut. The producer group’s Secretary General Mohammad Barkindo said he will meet with U.S. shale company executives for dinner on Monday in Houston, the second time he has met with some of the cartel’s top rivals.
“The most recent EIA stock update gave something for both bulls and bears to cheer about,” said Stephen Brennock, an analyst at PVM Oil Associates Ltd. in London. “As has become the norm, the fly in the ointment for bulls is the march higher in U.S. crude production.” U.S. gasoline inventories dropped by 1.22 million barrels to 229.9 million last week, the EIA reported Wednesday. Crude output increased by 26,000 barrels a day to 9.53 million, expanding for a second week. Click Read More below for additional detail.
National Average Price for Regular Unleaded Current: $3.039; Month Ago: $2.862; Year Ago: $1.866. National Average Price for Diesel Current: $3.160; Month Ago: $3.078; Year Ago: $2.417.