Not Good: Crude Prices Are at a 2-Year High

Crude oil prices appeared to be hitting the highest price in 2017. 

The U.S. crude prices rose to a two-year high of $58 right before the holidays.  We as consumers are expected to pay more at the pumps for sure if the crude prices continued to elevate. 

If you own stocks in the airlines sector, watch them closely.

Delta, for example, was up almost 10% year to date in mid-October.  Now, it’s almost given back all of the 10% gain in just about a month.  Delta’s stocks are currently up slightly over 2% year to date.

Leave a comment

Your email address will not be published. Required fields are marked *