Futures File: Crude oil consolidates

August crude oil futures have climbed back to $82 per barrel, completing a $10 per barrel rally from June 4-28. The initial rally was sharp, but the last six trading sessions have been sideways with a range of $80-82. None of the recent trade action is all that uncommon or surprising, but it is a crossroads of sorts. The contract high for August crude oil is $85.27 per barrel, set back on April 12. New contract highs could raise eyebrows and concerns over consumer inflation returning, which has recently shown...