Key Currency Exchange Rates for Friday, 9/10/21

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.

American Dollar to Canadian Dollar = 0.779541; American Dollar to Chinese Yuan = 0.156962; American Dollar to Euro = 1.131004; American Dollar to Japanese Yen = 0.008745; American Dollar to Mexican Peso = 0.048308.

Trucking on the open road has long been a symbol of freedom, opportunity, and resolve. Now, a new documentary series titled DRIVEN shines a spotlight on the dedicated professionals behind the wheel who keep our nation rolling through good times and bad—and the millions more who work throughout the industry to deliver for America. DRIVEN was produced by the American Trucking Associations—in association with ACT 1 and the Texas Trucking Association Foundation—as part of its Nothing Without Trucking campaign, which educates policymakers and the public about the indispensable role trucking plays in Americans’ lives. Beginning with professional drivers, the series plans to document the vast array of roles throughout trucking that come together to form an unbreakable bond in the U.S. supply chain.