Oil hovers near $115 record high - Oil traders on the floor of the New York Mercantile Exchange The weakening US dollar is having a big effect on oil prices 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 $114.82 in New York from the previous day's $115.21 high. <a href="http://news.bbc.co.uk/2/hi/business/7351913.stm" target="_blank">http://news.bbc.co.uk/2/hi/business/7351913.stm</a> <a href="http://www.oilsandsquest.com/our_projects/gallery/gallery_013.html" target="_blank">http://www.oilsandsquest.com/our_projects/gallery/gallery_013.html</a> Source: Oilsands Quest Inc. <a href="http://www.oilsandsquest.com/" target="_blank">http://www.oilsandsquest.com/</a> <a href="http://investorshub.advfn.com/boards/board.asp?board_id=6668" target="_blank">http://investorshub.advfn.com/boards/board.asp?board_id=6668</a>