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Companies Feel the Impact of Rising Oil Prices

Some are looking to pass on the extra energy costs to their customers, which would push inflation higher

By

Doug Cameron and

Doug Cameron

The Wall Street Journal

Biography Doug Cameron
@dougcameron
[email protected]

Bradley Olson

The Wall Street Journal

Biography Bradley Olson
@bradnews
[email protected]

Updated April 30, 2018 12:06 p.m. ET

The highest oil prices in years are increasing expenses for companies that had grown used to low energy costs since crude’s 2014 tumble, while the turnabout is proving to be a boon for some businesses.

Giant outfits from American Airlines Group Inc. to 3M Co. have warned this week about how persistent higher oil prices are boosting their expenses this year.

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