Crude oil prices rose to $54 a barrel after stock market advanced owing the treasury dept. plan to buy toxic assets. The plan is aimed at financing as much as $1 trillion in purchases of illiquid real-estate assets, using $75 billion to $100 billion of the Treasury’s remaining bank-rescue funds. The Public-Private Investment Program will also rely on Federal Reserve financing and Federal Deposit Insurance Corp. debt guarantees, the Treasury said in a statement in Washington.

Please don't copy/paste from other news sites - there's no need to, and the people most commonly doing so are just trying to inflate their post count to get past the anti-spam filters.

In future oil prices will go up and no one know when will they come back at highest point.