Fuel Prices To Weigh On United Airlines Stock In The Near Term
- Wednesday, February 16, 2022, 7:29
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The shares of United Airlines observed a strong rally in recent weeks assisted by pent-up travel demand and declining coronavirus infections. However, the benchmark oil prices have surged by 26% from $75/bbl in early January to $95/bbl at present – weighing on the bottom line of all transportation..
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