Surging oil prices may challenge the Federal Reserve’s inflation fight Post published:April 7, 2024 Post category:CNBC Source: Oil and Gas U.S. crude oil rallied 4.5% last week, briefly touching $87 a barrel Friday. Full Article: Read More You Might Also Like Oil prices rise as crude inventories fall and U.S. inflation eases May 16, 2024 U.S. crude oil posts third weekly decline as China demand raises concerns July 27, 2024 U.S. crude oil breaks $87, forms ‘golden cross’ pattern as Middle East tensions boil April 5, 2024