Oil headed for its longest run of weekly losses since March as President Joe Biden kept investors guessing about whether he’ll act to tame prices that have helped to stoke a surge in U.S. inflation, hurting consumers. West Texas Intermediate fell 0.7%, putting crude on course for a third weekly fall, with added headwinds from a stronger dollar. Biden is weighing moves including a release of oil from the Strategic Petroleum Reserve to try to bring down the cost of gasoline at the pump, which has hit a seven-year high. For several weeks, a small group of top aides has discussed possible moves , according to people familiar with the matter. Consensus has been elusive, with some Energy Department officials pushing back against tapping the SPR while White House aides lobby for a release, or even halting U.S. crude exports. “Bloomberg Commodities Edge” talks to the smartest voices in […]