US carriers fall as oil rises after Houthi attacks stoke Middle East supply fears
Today 15:49
BUZZ-US carriers fall as oil rises after Houthi attacks stoke Middle East supply fears ** Shares of US carriers fall as oil prices jumped ~4% to a five-month high on Thursday after Houthi attacks in Saudi Arabia raise concerns over disruptions to energy supplies from the key exporting region
** Brent futures .LCOc1 rose $4.35, or 4.0%, to settle at $113.17 a barrel, while US West Texas Intermediate crude .CLc1 rose $2.32, or 2.4%, to settle at $99.47
** Shares of JetBlue JBLU.O and Delta Air Lines DAL.N down almost 5%
** American Airlines AAL.O, United Airlines UAL.O, Southwest Airlines LUV.N, Alaska Air ALK.N down 4%-6%
(Reporting by Megavarshini G. Somasundaram in Bengaluru)
((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))
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