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Falling Oil Prices Are Expected to Drive UAL’s Q4 Profitability

Andrew Brunton
Falling Oil Prices Are Expected to Drive UAL’s Q4 Profitability

Oil prices have been seeing a bearish trend since October 2018 as fears of a supply shortage have vanished. Prices are now down over 31% from their peak of $76.40 per barrel on October 3, 2018, to $52.36 as of January 9, 2019.