This from CNBC: "Oil rose to a record high for the fifth day in a row on Tuesday, boosted by investor flows into oil and other commodities partly to hedge against inflation and the weak dollar.
Chart courtesy of cnbc.com"Concerns about inflation are very strong. Hedge funds are selling stocks and buying commodities, especially oil and gold, because the U.S. dollar is weakening," said Takeda Makoto, an analyst at Bansei Securities.
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