Oil prices have steadied after six days of record highs - spurred by supply concerns and tensions between Turkey and Kurdish rebels in northern Iraq.

US light, sweet crude was trading at $87.61 a barrel - down from Tuesday's record of $88.20 - while Brent crude was 40 cents lower at $83.15.

http://news.bbc.co.uk/1/hi/business/7048291.stm

It really is getting ridiculous