The oil price has crashed over the past year, but for explorer Tullow Oil (LSE: TLW) the pain has been greatly reduced by its sensible decision to hedge a substantial volume of its output at higher prices.
VIDEO: One Fool puts Tullow Oil plc (LON:TLW) under the spotlight,
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The oil price has crashed over the past year, but for explorer Tullow Oil (LSE: TLW) the pain has been greatly reduced by its sensible decision to hedge a substantial volume of its output at higher prices.