American Dollar to Canadian Dollar = 0.760624; American Dollar to Chinese Yuan = 0.144761; American Dollar to Euro = 0.999940; American Dollar to Japanese Yen = 0.007121; American Dollar to Mexican Peso = 0.049712.
https://www.x-rates.com/table/?from=USD&amount=1.00
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Futures fell 0.3% in New York after climbing 2.5 percent in the previous two sessions. Drillers boosted the rig count by two to 751, a three-month high, according to Baker Hughes data on Friday. OPEC-led output curbs may end earlier than scheduled if the market re-balances by June, Kuwait’s then-oil minister said Sunday. Oil is heading for a second yearly gain as the Organization of Petroleum Exporting Countries and its allies including Russia extend supply cuts through the end of 2018. The extension includes an agreement to review the cuts in June, raising questions of how OPEC will eventually phase out the reductions. Shale explorers have signaled they’re gearing up for a drilling surge next year as hedging rose for an eighth week to a record. Click Read More below for additional information.
American Dollar to Canadian Dollar = 0.737804; American Dollar to Chinese Yuan = 0.142479; American Dollar to Euro = 1.102945; American Dollar to Japanese Yen = 0.006826; American Dollar to Mexican Peso = 0.051744.
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.