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Surging WTI Crude Tops $101 as Fuel Costs Batter Travel Sector

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Carnival and peer cruise stocks tumbled up to 22% over the past month as surging WTI crude prices, topping $101 per barrel, squeezed operator margins.
  • Despite strong booking demand and solid Q2 earnings, elevated fuel expenses and heavy debt loads present persistent headwinds.
Explore WTI price history & advisor snapshot

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Stored market data

WTI price history

100.05 +69.03% over the displayed period

Advisor Snapshot

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