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Oil price increases pushed up fuel costs, with Norwegian Cruise Line, Carnival, and Royal Caribbean's stock prices falling by 5%, 4%, and 3% respectively.
svmuu.com20/08/2026 12:46
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Norwegian Cruise Line (NCLH) shares were down 5% to $16.50, Carnival (CCL) shares were down 4% to $25.65, and Royal Caribbean Group (RCL) shares were down 3% to $290.76 as of midday Thursday. With no company-specific news this week, the market attributed this to macro factors, as fuel costs directly impact cruise line profits. WTI crude oil prices reached $86.58 on Tuesday, up 2% from the previous week and 3.7% from the previous month.
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