Oil prices surge, Fed rate path in question again

SYDNEY/LONDON – Oil prices surged on Monday after Saudi Arabia and other OPEC+ producers announced a surprise cut in their output target, a move that rippled through stock markets and boosted the dollar due to reinvigorated fears about the stickiness of global inflation. Brent oil futures looked set for its biggest daily percentage gain in around a … Continue reading Oil prices surge, Fed rate path in question again