Actually hit 71 cents late Friday. GOC didn't cut interest rate. Oil is up also. The frackers in the US are feeling the economic pressure from low prices and Iran is set to turn on their taps. Exactly what OPEC wanted. Once the US gas supplies from fracked wells starts to decrease, oil should stabilize at $50 a barrel. At least that's what's the pundits say. Our NL offshore oil is still profitable at $20 a barrel. And more in demand now that the tar sands oil has been tainted with the dirty oil name by environmentalists.