Oil break lifetime high at $144.275 a barrel in New York as the dollar weakened and a U.S. government report showed an unexpected decline in inventories. Oil's appeal as a hedge against inflation may rise if the European Central Bank increases interest rates tomorrow, as forecast by economists, causing the dollar to fall. Supplies dropped 1.98 million barrels to 299.8 million last week, the lowest since January, the Energy Department said. 
From chart, oil look like will goes up to $148.48 a Barrel. According to Oil stock relleased that fall, so it could be happen.
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