Up, Up And Away: Oil Price Dive Launches Airline Rally

By | November 28, 2014

Scalper1 News

Airline stocks strode to the front of the market Friday as though they were on the guest list, while energy stocks were being tossed out on their keisters. Airlines soared as oil prices and fuel futures tumbled to multiyear lows following Thursday’s decision by the Organization of Petroleum Exporting Countries not to alter their production guidelines. The vote suggests the global oil glut is poised to intensify, charting an outlook for lower fuel Scalper1 News

Scalper1 News