The Oil Price Pullback Could Lift These 2 Airline Stocks

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.

Topics:  spirit airlines nyse   save    alaska air nyse   alk).gulf coast   july   gulf coast   oil price   prices   jet   fuel   gallon   

 

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