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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Futures were little changed in New York, up more than 9 percent in September. Oil this week returned to a bull market on signs the persistent crude surplus was finally starting to shrink, while Trafigura Group and Citigroup Inc. warned of the potential for a further supply squeeze in 2018. The Organization of Petroleum Exporting Countries and Russia have hailed the success of their agreement to cut production and urged their allies to stay focused on finishing the job. U.S. Gulf Coast refiners restarted after last month’s hurricanes. Click Read More below for additional detail.
American Dollar to Canadian Dollar = 0.799835;
American Dollar to Chinese Yuan = 0.154082;
American Dollar to Euro = 1.205341;
American Dollar to Japanese Yen = 0.008831;
American Dollar to Mexican Peso = 0.051581.
Oil has advanced this month on forecasts for rising crude demand and as U.S. Gulf Coast plants recover from Hurricane Harvey, which halted almost a quarter of the nation’s refining capacity. Nine months into the OPEC-led supply agreement, implementation of the pledged production cuts remains high. Nigeria, which is currently exempt from making cuts, reiterated that it would accept a cap once output stabilizes around 1.8 million barrels a day.
“Today’s meeting of the Joint Ministerial Monitoring Committee is lending buoyancy,” Commerzbank said in a note. “Although no binding promises to extend or expand the agreement can be expected, Nigeria – which like Libya had not signed up to the production cuts – is at least showing a willingness to come on board.” Click Read More below for more of the story.