Abstract: The financial crisis has a profound influence on the trade of oil，the first bulk commodity in international trade.The crisis results in a significant price fluctuation of international oil prices，a slump in general demand for oil，a surge of M&A activities and quickening steps of innovation of oil trade models.In answer to the influence of the financial crisis on oil trade，we must diversify import channels and trade models，develop a transportation network and development strategies，and operate oil market at a global level.

Key words: financial crisis, international trade, oil trade