Singapore Airlines stock slips as oil climbs on Iran fears; Feb 24 update looms
Singapore Airlines shares fell 0.5% to S$6.40 in afternoon trading Tuesday as rising oil prices raised concerns over fuel costs. Brent crude climbed 0.3% to $64.09 a barrel amid unrest in Iran. Investors are awaiting the carrier’s third-quarter business update on Feb. 24. Singapore Airlines paid interim and special dividends in December.