[Analysis: If oil prices remain at the current level for 3 months, U.S. inflation rate will reach the highest level since September 2023] BlockBeats News, March 9, according to analysis by The Kobeissi Letter, as U.S. oil prices are currently near $120 per barrel, their model indicates that if the current level persists for 3 months, the U.S. CPI inflation rate will rise to approximately 3.7%. This would bring the U.S. inflation rate to its highest level since September 2023.