oil- $110.95, page-5

Hi ya Acreage

There are a number of prices worldwide for crude.

WTI is based on Cushing.

Our Australian crude price is based on the Malaysian exchange.

BTW......WTI is currently $111.46 a barrel and Brent is $124.02.

I use WTI and Brent as an indication of where things are heading.

Incidentally ....the $US index has just fallen out of bed and currently stands @ 75.20.

IMO........If we get to $120 a barrel the old "R" word will start to loom large again.

And how's the Aussie dollar......$1.052 against the greenback.

Interesting times