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 Britain considers government intervention as gas crisis roils energy firms September 21, 2021 OPEC says oil industry unjustly vilified ahead of climate talks November 27, 2023 Biden’s gasoline sale likely won’t have a major impact on summer pump prices May 28, 2024