International oil price broke through 124 USD (as of May 9, 2008) Xinhuanet new york May 8 (Reporter Yang Lei) Affected by the news that the European Central Bank decided to keep the current interest rate unchanged, the international oil price set a new record continuously on the 8th, and the price of crude oil in new york market greatly exceeded 124 USD per barrel. On the same day, the price of light crude oil futures for June delivery in the New York Mercantile Exchange once reached 124. 1 USD per barrel in after-hours electronic trading, setting a record for crude oil futures since 1983 began trading. Conventional trading also hit a new closing high of $23.69 per barrel, up 16 cents from the previous day. Brent crude oil futures for June delivery on the London International Petroleum Exchange rose 52 cents to $65,438+022.84 a barrel. A statement issued by the Organization of Petroleum Exporting Countries on the same day said that the recent surge in oil prices was caused by the stock market downturn and the depreciation of the US dollar, and there was no shortage of crude oil supply. Affected by this remark, the oil price in new york once fell back to 12 1.58 USD. However, the European Central Bank announced in Athens on the same day that in order to resist inflation, the dominant interest rate in the euro zone will remain unchanged at 4%. On the news, the exchange rate of the euro against the US dollar in new york's foreign exchange market rose immediately, thus pushing the oil price all the way up. The price of gasoline futures for June delivery in the New York Mercantile Exchange rose by 65,438+0.42 cents/gallon to close at 3.65,438+0.378 USD. Heating oil for June delivery rose 6.27 cents per gallon to close at $3.5098. Natural gas for June delivery fell 0.3 cents per thousand cubic feet to close at 1 1.327 USD. International crude oil prices set a new trading record for four consecutive days. Janan, chairman of Libyan National Oil Company, predicted on the 7th that with the arrival of the peak of gasoline consumption in the United States in summer, the price of crude oil will reach $0/25 per barrel this week.