Oil up 18% YTD and Breaking out (Patreon)

Go OPEC+ 

US has not even replenished oil reserves

At $86 breaking out to Layer 6 on LILO! Oil is highly correlated with #inflation because rising oil prices directly impact the cost of production and transportation for goods and services, leading to higher overall prices in the economy. 

As I say - Fed dont control inflation but they can destroy demand.