Crude oil record run continues

Crude oil prices continued their record run today after topping the $115 (€72) a barrel mark for the first time.

Light, sweet crude for May delivery hit $115.53 in electronic trading on the New York Mercantile Exchange before settling back a few cents. It is the third day in a row they have scaled record highs as investors fretting over oil supplies and a weaker dollar plough funds into commodities.