American Dollar to Canadian Dollar = 0.772086;
American Dollar to Chinese Yuan = 0.156568;
American Dollar to Euro = 1.167135;
American Dollar to Japanese Yen = 0.009137;
American Dollar to Mexican Peso = 0.050923.
http://www.x-rates.com/table/?from=USD&amount=1.00
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Major oil-producing countries moved on Friday toward an agreement to jointly raise exports, a decision that has driven considerable division among them but that could temper criticism from President Trump. Officials from the Organization of the Petroleum Exporting Countries, as well as other major producers like Russia, were set to increase their total output by less than 1 percent of the global oil supply. Though a relatively small addition to the world energy market, the move nevertheless signals a willingness by international suppliers to address rising prices. Click Read More below for additional information.
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More and more analysts and traders say crude oil prices could fall into the $30s in the U.S. in the coming months, on top of the 55% drop since mid-2014, Georgi Kantchev of The Wall Street Journal reports. Prices that low haven’t been seen since the height of the financial crisis in February 2009. The analysts and traders blame the global glut of crude, the potential for Iranian oil hitting the market if sanctions are lifted, a seasonal falloff in demand and concerns about the Chinese economy.
“Given where we are now, there is a 90% likelihood that we will dip into the $30s,” said Chris Main, oil strategist at Citigroup Inc. And Carsten Fritsch, senior commodity analyst at Commerzbank AG, concurred, saying he sees the potential for U.S. benchmark West Texas Intermediate hitting the $30 range.
