The WTI price passed US$80 a barrel,but of coa-rse that is with a purchaseing US of about half what it used to be.Even the Kiwi went up against the US in last 24 hours.We still have some exposure to the Us if the WTI goes above 85 which i think it will.I do not well understand this forward cover thing and when it kicks in. The confusion is around
collapsing US dollar,but it looks like we will lose on a small number of barrells[about 350 thousand from memory.