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 rises nearly 1%, trades above $71 per barrel after Fed rate cut September 19, 2024 U.S. crude oil bounces after hitting seven-week low on surging U.S. inventories May 2, 2024 U.S. crude oil falls 2% as economic worries outweigh Middle East escalation August 2, 2024