BBC: Oil prices are hovering close to $115 a barrel, having crossed the record mark on Thursday after a US inventory report raised concerns about supplies.
US light, sweet crude oil pulled back slightly to $114.97 in Asian trading from the previous day's $115.21 high.
Brent crude hit an all-time peak of $112.83 before falling back slightly.
The weak dollar has helped to draw investors towards commodities, which are cheaper for foreign buyers because they are priced in the US currency. Oil Hovers Near $115 Record High >>>
The Dawning of a New Dark Age (Paperback - UK)
The Dawning of a New Dark Age (Hardback - UK)
