Surging oil prices may challenge the Federal Reserve’s inflation fight Post published:April 6, 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 major BP raises dividend as second-quarter profit beats expectations July 30, 2024 U.S. crude oil holds at roughly $74 per barrel after selling off on softer demand August 20, 2024 U.S. crude oil posts third straight weekly gain as fears grow of Israel-Hezbollah war June 29, 2024