Oil pulls back from 7-week high as demand doubts and returning Kurdish exports weigh on sentiment

Context: Brent and WTI slipped after a strong run-up, with analysts citing profit-taking, softer late-season demand, the prospect of Kurdish exports resuming, and lingering geopolitical risks. Earlier gains had been supported by a surprise U.S. inventory draw, but the near-term setup now looks more balanced to slightly softer.

Winners — Airlines & Travel

Reason: Jet fuel is a major cost; even a modest crude pullback can lift margins and fare flexibility as demand moderates into the shoulder season.

($DAL) Delta Air Lines; ($UAL) United Airlines; ($LUV) Southwest Airlines

Winners — Trucking & Logistics

Reason: Lower diesel costs improve operating ratios and pricing power for parcel, LTL and fr ...