Oil prices are rallying, up +21% year-to-date.
Analysts predict record-high demand for oil in May.
Supply is tight given OPEC cuts, Mexican production halts, and sanctions abroad.
This crunch is fuelling an oil rally ahead of the U.S summer driving season.
Oil could hit $100 for the first time in 2 years.
This adds to Biden's inflation worries.
CPI and PPI numbers out Wednesday.
Buckle up! 🚀