Oil has a spot price for immediate delivery of 150 per barrel. There is a mrket for six month oil futures contracts, where each futures contract is for delivery of 50 barrels, with an inital margin of 2000 per contract. The per annum net convenience yield for holding oil over 6 months is 1%. The sixmonth interest rate is 5%, stated as a comtinuously compounded annual rate. What is the current futures price for oil for delivery in the next 6 months?