From CBS Marketwatch:
Crude for November delivery traded as high as $55.20 a barrel on the New York Mercantile Exchange. The previous intraday record was on Oct. 15 at $55. Prices climbed as high as $55.33 in overnight trading on Oct. 18.
The contract was recently at $54.75 a barrel, up $1.46. December crude, which becomes the lead-month contract after the session's close, climbed $1.46 to $54.10.