Key Currency Exchange Rates for Friday, 12/18/20

“The U.S. oil rig count, a key indicator for trader sentiment, exhibited a rather large weekly decline,” said analysts at consultants JBC Energy GmbH in Vienna. “At least in the short term, this dynamic should help protect the downside to crude prices. The more pressing question may be how much higher prices can climb before the gravitational forces of global supply and demand can start to form an upper limit.” West Texas Intermediate for October delivery rose as much as 44 cents, or 0.9 percent, to $50.33 a barrel on the New York Mercantile Exchange, and traded for $49.91 at 10:43 a.m. London time. On Sept. 14, it reached $50.50, the highest since May 25. Total volume traded was about 26 percent below the 100-day average. Click Read More below for additional detail.

National Average Price for Regular Unleaded Current: $3.794; Month Ago: $3.923; Year Ago: $3.417. National Average Price for Diesel Current: $5.368; Month Ago: $5.122; Year Ago: $3.643.

At Impress Communications the Highcon Laser Die-Cutter Opens Up a World of Possibilities The Highcon Laser Die-Cutter is a marvel of technology and engineering that represents a complete shift and new era for the design industry. This machine gives designers the power to envision and create artwork in ways that were previously impossible. The precision and flexibility of cutting with lasers, as opposed to the traditional method of using bent lengths of steel rule, removes the previous limitations associated with regular die-cutting. Now, a designer can strip away intricate sections of paper, leaving dramatic reveals of the substrate or product beneath. These kinds of paper layering techniques create a compelling impression with a brand’s end user, and allow creatives to reimagine what can be done with belly bands and sleeves, folding cards or french fold panels, and any kind of package that features a window.