American Dollar to Canadian Dollar = 0.724714; American Dollar to Chinese Yuan = 0.138063; American Dollar to Euro = 0.976118; American Dollar to Japanese Yen = 0.006601; American Dollar to Mexican Peso = 0.049899.
https://www.x-rates.com/table/?from=USD&amount=1.00
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Futures are up more than 11 percent in 2017, having entered a bull market in September. The year’s gains were driven by output cuts by the Organization of Petroleum Exporting Countries and Russia, along with geopolitical tensions in the Middle East and pipeline disruptions from the North Sea to Canada and Libya. In 2018, investors will watch whether the price recovery triggers a new flood of U.S. output. “The current highs are unsustainable in the short-to-medium term, with prices likely to head back below $60 once we get past January, but for now the season of goodwill appears to be in full swing,” said analysts led by Michael dei-Michei at consultants JBC Energy GmbH in Vienna. Click Read More below for additional information.
American Dollar to Canadian Dollar = 0.808885; American Dollar to Chinese Yuan = 0.155325; American Dollar to Euro = 1.191117; American Dollar to Japanese Yen = 0.009077; American Dollar to Mexican Peso = 0.048907.
Futures rose 0.2 percent, leaving prices in London little changed on the week. They jumped above $65 for the first time since 2015 earlier on Tuesday after the Forties pipeline in the U.K. shut down because of a crack. Those gains were eroded as the International Energy Agency’s voiced doubts the market would fully rebalance in 2018, diverging from the view of OPEC. “It’s been volatile,” Torbjorn Kjus, analyst at DNB Bank ASA, said by phone. If the Forties pipeline is “out for a month, it should have a positive effect” on prices as 10 million barrels of oil supply could easily be lost to the market. Click Read More below for additional information.