# WTI crude fell more than 14% to about $81 a barrel and Brent dropped 10% to roughly $89.

*business · news · 2026-04-17 · Benzinga*

## Key points

- A 14% drop in WTI crude sharply improves United Airlines' near-term jet fuel cost outlook.
- Iran's reopening of the Hormuz Strait reduced geopolitical risk, easing fears of sustained fuel-cost pressure.
- United Airlines is trading 10.3% above its 20-day SMA, indicating short-term technical strength.
- United's upcoming earnings estimate is $1.09 EPS and $14.35 billion revenue, both up year over year.
- Analyst consensus maintains a Buy rating with a revised average price target of $131.33.

**Companies:** United Airlines Holdings, Inc.
**Countries:** United States, Iran

[Read the full story on Benzinga](https://www.benzinga.com/trading-ideas/movers/26/04/51894294/united-airlines-stock-surges-as-oil-prices-collapse)

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