A global oil glut caused oil prices to plunge between mid-2014 and early 2016. However, over the past two and a half years, oil has regained a lot of ground. This development has translated into steadily rising jet fuel prices, putting pressure on airlines' profitability.The oil rally has cooled off this month, over recent reports that have alleviated investors' worries about a serious oil shortage.
Similar Stories to The Oil Price Pullback Could Lift These 2 Airline Stocks on Bing News
newsfeedback@fool.com (Adam Levine-Weinberg), The Motley Fool
Sun, 07/22/2018 - 6:40am
BING NEWS:
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In an effort to crack down on airlines that charge passengers steep fees to check bags and change flights, the Biden administration announced new regulations aimed at expanding consumer protections.
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