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Old 20th January 2018 | 07:29
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Lions Gate
 
Joined: Jan 2018
Posts: 34
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From: London
Numero. I understand your logic, however, does not the recent increase in oil prices actually 'reduce' the paper losses on the hedge (ie: if fuel was 20 and we were hedged at 80, the paper loss would be 60, ergo, if the fuel is 80 and the hedge is 80 there is no paper loss whatsoever).
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