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0.000436914836473014 0.000273480358989376 0.00348769174950082 -0.00130638625668569 -0.00272281839487727 0.00512203652433705 -0.00201460232578156 -0.0002713012326227
Stock impact report

Jet fuel prices are up 100%, oil prices keep surging, and airlines are paying the price [Yahoo! Finance]

United Airlines Holdings, Inc. (UAL) 
Last united airlines holdings, inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.united.com
Company Research Source: Yahoo! Finance
Shares of US majors American Airlines ( AAL ) and United Airlines ( UAL ) dropped more than 3%, while Delta Air Lines ( DAL ) fell nearly 2%. Shares of regional carriers Alaska Air Group ( ALK ) and Southwest ( LUV ) also declined. Jet fuel prices have surged more than 100% over the past month as the Middle East conflict disrupted energy supplies. With US crude futures ( CL=F ) and Brent ( BZ=F ) above $105 per barrel, jet fuel has experienced an outsized price increase. “Asian refiners have had to cut utilization rates due to a lack of crude oil, further exacerbating the supply situation,” Andy Lipow, president of Lipow Oil Associates, told Yahoo Finance on Thursday. “To top it off, refined product exports have been restricted by China, Korea, Thailand, and Pakistan,” he added. Travel sector year-to-date: Airline stocks have been hit by rising fuel prices, thousands of cancellations since the start of the Middle East conflict, and earlier weather disruptions. Wall Street a Show less Read more
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