American Dollar to Canadian Dollar = 0.741681; American Dollar to Chinese Yuan = 0.142553; American Dollar to Euro = 1.080925; American Dollar to Japanese Yen = 0.007225; American Dollar to Mexican Peso = 0.056686.
https://www.x-rates.com/table/?from=USD&amount=1.00
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Futures were steady in New York after rising 3.8 percent in the previous three sessions. Global demand will climb this year by the most since 2015, the IEA said Wednesday. OPEC on Tuesday raised estimates for the amount of crude it will need to supply in 2018 on stronger consumption from Europe and China. U.S. oil output gained last week as operations returned after Hurricane Harvey. The IEA report “was taken as confirmation of the prevalent supply-tightening narrative, that that oil surplus is slowly disappearing,” said Norbert Ruecker, head of commodity research at Julius Baer Group Ltd. Still, crude is “trading at the upper end of a fundamentally justified price range” and the “upcoming seasonal demand soft patch is set to create near-term headwinds.” Click Read More below for more of the story.
Saudi Arabia has informed five Asian refiners that it will supply full contractual volumes of crude oil in July, five sources with knowledge of the matter said on Tuesday. The world's top crude exporter has also reinstated contracted volumes of Arab Heavy crude to one buyer after cutting supplies in the previous month, one of the sources said. Last month, the state oil giant maintained full contractual supplies to Asia for June supplies by replacing Arab Heavy with Arab Light. The Arab Heavy was redirected to domestic power plants to meet the increased demand for electricity for summer cooling needs. Click Read More below for additional information.
American Dollar to Canadian Dollar = 0.724097; American Dollar to Chinese Yuan = 0.137248; American Dollar to Euro = 1.068313; American Dollar to Japanese Yen = 0.006604; American Dollar to Mexican Peso = 0.056092.