crude oil or cruel oil

OMG heard this from radio this morning oil per barrel scorching high - NEW RECORD (does not give us any positive note.) 100.10 dollars a barrel

Next thing in mind, will the pump stations adjust the oil price ? Whenever since i got my car in Sept 2007, petrol price had been adjusted twice. Now for RON 95 - it's $2.006/litres at ExxonMobil.