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 CNBC Daily Open: Wall Street’s ‘dress rehearsal’ August 19, 2024 U.S. crude oil posts fourth straight weekly gain on solid demand outlook July 6, 2024 Oil firms slash U.S. Gulf of Mexico output by 91% ahead of powerful Hurricane Ida August 31, 2021