International oil prices hit another record high, hitting an intraday record of $123.80 a barrel

NEW YORK, May 7 (Xinhua Yang Lei) U.Scrude oil inventories and the strength of the U.Sdollar did not curb the trend of higher oil prices, international oil prices hit a new high on the 7th, the New York market crude oil prices hit 123 per barrelA record of $80the U.SDepartment of Energy's weekly report released the same day, U.Scrude oil inventories rose 5.65 million barrels last week to 325 million barrels, well above market expectationsreport showed that gasoline reserves increased by 800,000 barrels and demand for gasoline increasedStocks of refined oil, including diesel and heating oil, fell last weekaffected by the report, the price of oil in New York fell back to 120$54However, international oil prices hit new highs after a brief decline in expectations that consumer demand in the international market would continue to increaseLight crude futures for June delivery rose 1$69, to close at $123$53Brent crude futures for June delivery on the London International Petroleum Exchange rose 4 33, hitting $122 a barrel $32 closing high since the 5th, international oil prices have been three consecutive days of record-breaking Libyan OPEC representative, chairman of the national oil company Janan the same day, with the arrival of the U.S summer gasoline consumption peak, crude oil prices will reach $125 a barrel this week gasoline and heating oil also continued to break the record for the highest day in the market Gasoline futures for June delivery rose 1 81 cents, to close at 3 $1,236 Heating oil for June delivery rose 9 36 cents, to close at 3 $4,471 Natural gas for June delivery rose 18 cents to close at 11.1 per 1,000 cubic feet $330 $120 break! $122 break! The second straight day of soaring international oil prices has touched the nerves of the global economy.. The imbalance between supply and demand, capital speculation, the depreciation of the dollar, geopolitics and so on a series of reasons "boiling" the already hot oil market oil prices are still on the fast track! In September and October last year, they broke through $80 and $90 a barrel, and in January and March this year they crossed the $100 and $110 mark, respectively New York, May 7 (Xinhua Yang Lei) U.S crude oil inventories and the strength of the U.S dollar did not curb the trend of higher oil prices, international oil prices hit a new high on the 7th, the New York market crude oil prices hit 123 per barrel A record of $80 the U.S Department of Energy's weekly report released the same day, U.S crude oil inventories rose 5.65 million barrels last week to 325 million barrels, well above market expectations report showed that gasoline reserves increased by 800,000 barrels and demand for gasoline increased Stocks of refined oil, including diesel and heating oil, fell last week affected by the report, the price of oil in New York fell back to 120 $54 However, international oil prices hit new highs after a brief decline in expectations that consumer demand in the international market would continue to increase Light crude futures for June delivery rose 1 $69, to close at $123 $53 Brent crude futures for June delivery on the London International Petroleum Exchange rose 4 33, hitting $122 a barrel $32 closing high since the 5th, international oil prices have been three consecutive days of record-breaking Libyan OPEC representative, chairman of the national oil company Janan the same day, with the arrival of the U.S summer gasoline consumption peak, crude oil prices will reach $125 a barrel this week gasoline and heating oil also continued to break the record for the highest day in the market Gasoline futures for June delivery rose 1 81 cents, to close at 3 $1,236 Heating oil for June delivery rose 9 36 cents, to close at 3 $4,471 Natural gas for June delivery rose 18 cents to close at 11.1 per 1,000 cubic feet $330 $120 break! $122 break! The second straight day of soaring international oil prices has touched the nerves of the global economy.. The imbalance between supply and demand, capital speculation, the depreciation of the dollar, geopolitics and so on a series of reasons "boiling" the already hot oil market oil prices are still on the fast track! In September and October last year, they broke through $80 and $90 a barrel, and in January and March this year they crossed the $100 and $110 mark, respectively (Yang Lei)