Monday, April 21, 2008

Oil prices hold steady below US$117 a barrel





BANGKOK: Oil prices are holding steady in Asia below US$117 a barrel after posting their fifth trading record in five days at the end of last week.Light, sweet crude for May delivery was trading at US$116.63 a barrel in electronic trading on the New York Mercantile Exchange, midmorning Monday in Singapore. That's down 6 cents from Friday's record close.

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