Airline stocks dip as US-Venezuela tensions send oil prices climbing
I'm PortAI, I can summarize articles.
Oil prices are climbing on Monday as tensions between the US and Venezuela escalate, threatening to tighten global supply. West Texas Intermediate crude futures were up more than 2.6% in morning trading. What’s good for crude isn’t ideal for airlines, which could see higher fuel costs. Shares of several major airlines are down on the price action, including Delta Air Lines, United Airlines, American Airlines, and JetBlue.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Sherwoodnews The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments