Oil prices fall as investors assess impact of Israel-Hamas war

Credit: IndiaTimes- Published on October 16, 2023
Oil prices fell on Monday, undoing some of Friday's gains, as investors are cautious about the potential impact of the Israel-Hamas conflict on oil supplies and the global economy. Brent futures dropped 0.4% to $90.55 per barrel, while U.S. West Texas Intermediate (WTI) crude fell 0.5% to $87.28 a barrel. Although the conflict...

Video credit: Wibbitz Top Stories
Published on October 18, 2023 -  01:31
United Airlines Changes Its Boarding Process
United Airlines, Changes Its Boarding Process. 'The Independent' reports that United Airlines is making a huge change to how it boards passengers in an attempt to speed up the process. 'The Independent' reports that United Airlines is making a huge change to how it boards passengers in an attempt to speed up the process. Starting next week, United will begin boarding with economy class passengers assigned window seats. . According to an internal memo, the WILMA plan, which stands for "window, middle and aisle," was tested at four domestic locations and one international hub. Tests revealed that the new approach could save up to two minutes on boarding times. The new plan will be implemented starting October 26 on domestic flights and some international flights. The new plan will be implemented starting October 26 on domestic flights and some international flights. The change does not impact the boarding process for first class and business class. On October 17, United reported $1.14 billion for the third quarter, while forecasting weaker profits to close the year. The airline predicted Q4 profits below Wall Street expectations, citing rising jet fuel prices and the suspension of flights amid the Israel-Hamas war. The airline predicted Q4 profits below Wall Street expectations, citing rising jet fuel prices and the suspension of flights amid the Israel-Hamas war. United projected Q4 adjusted profits between $1.50 and $1.80 per share, with the high end of the forecast assuming flights to Tel Aviv will resume as soon as next month. 'The Independent' reports that shares of United Airlines Holdings Inc. dropped over 5% in premarket trading on October 18

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