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BUZZ - Crude oil prices decline, cruise line stocks soar

BUZZ - Crude oil prices decline, cruise line stocks soar

路透社2026/10/20 16:16
rCL0.00%

- ** U.S. cruise operator shares rise as oil prices pull back from five-month highs

** Brent crude futures LCOc1 fell 1.1% to $108.32; West Texas Intermediate (WTI) crude futures CLc1 dropped about 0.9% to $102.74 O/R

** Carnival Corp CCL.N and Norwegian Cruise Line Holdings NCLH.N shares rose 3.4% and 3.7% respectively

** Viking Holdings VIK.N and Royal Caribbean RCL.N were up 3.6% and 3.3% respectively

** Fuel is one of the largest operating costs for cruise operators

** Year to date, CCL is down 10.5%, NCLH is down about 30%, RCL is up 4.5%, and VIK is up about 22%


(To facilitate non-English speakers, Reuters automatically translates its reports into several other languages. Automated translations may contain errors or lack required context. Reuters does not guarantee the accuracy of automated translations and provides them solely for reader convenience. Reuters bears no responsibility for any harm or losses resulting from the use of automated translation functions.)

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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