Crude oil futures break through $135 a barrel

driven by an unexpected decline in U.Soil inventories and a weaker dollar, NYMEX crude futures continued their rally in electronic trading on Tuesday, breaking through $135 and hitting a new record high of $135.04 per barrel, May 22 (Xinhua) -- Oil prices have been strong enough to hit record highs as unexpected declines in U.Scrude inventories and a weaker dollar have prompted large amounts of money to flow into the oil marketNew York Mercantile Exchange (NYMEX) crude oil futures broke through $135 in Asian electronic stakes on Tuesday, rising to a record high of $135.04 a barrel, marking a fifth consecutive session of record highs for oil pricesNYMEX-July crude futures closed up $4.19, or 3.3 percent, at a record high of $133.17 in New YorkIt was the biggest one-day gain in dollar terms for crude oil futures since March 26crude oil and refined oil have now risen to levels that have left many analysts eyeingThe main reasons for the price increases were strong global demand for crude oil, particularly in China, and concerns about disruption sourge of crude suppliesDriven by an unexpected decline in U.Soil inventories and a weaker dollar, NYMEX crude futures continued their rally on Tuesday, breaking through $135 and hitting a new record high of $135.04 per barrel, May 22 (Xinhua) -- Oil prices have been strong enough to hit record highs as unexpected declines in U.Scrude inventories and a weaker dollar have prompted large amounts of money to flow into the oil marketNew York Mercantile Exchange (NYMEX) crude oil futures broke through $135 in Asian electronic stakes on Tuesday, rising to a record high of $135.04 a barrel, marking a fifth consecutive session of record highs for oil pricesNYMEX-July crude futures closed up $4.19, or 3.3 percent, at a record high of $133.17 in New YorkIt was the biggest one-day gain in dollar terms for crude oil futures since March 26crude oil and refined oil have now risen to levels that have left many analysts eyeing The main reasons for the price increases were strong global demand for crude oil, particularly in China, and concerns about disruption sourge of crude supplies (name)