Inflation

Oil and inflation are linked because oil is a major input in the economy—it is used in critical activities such as fueling transportation and heating homes—and if input costs rise, so should the cost of end products. For example, if the price of oil rises, then it will cost more to make plastic, and a plastics company will then pass on some or all of this cost to the consumer, which raises prices and thus creates inflation. fn1

Here's the U.S. 10 year

1. https://www.investopedia.com/ask/answers/06/oilpricesinflation.asp