Surging oil prices may challenge the Federal Reserve’s inflation fight Post published:April 8, 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 U.S. crude oil holds above $72 per barrel after erasing most of 2024 gain August 22, 2024 U.S. crude oil posts fourth straight weekly gain on solid demand outlook July 7, 2024 U.S. crude oil books second weekly gain as gasoline demand surges June 24, 2024