Oil prices steady above $116, supported by supply worries but capped by stronger dollar
May 5th, 2008… carrying oil from wells to export terminals. Light, sweet crude for June delivery fell 14 cents to US$116.18 a barrel in Asian … oil futures added 1.13 cents to US$3.23 a gallon (3.8 liters) while gasoline prices fell 1.64 cents to US$2.95 a gallon. Natural gas …