Cruise operators jumps as crude slips

By Reuters News

** Shares of US cruise operators rise as oil prices slip from five-month highs

** Brent crude futures fall 1.1% to $108.32, WTI futures down about 0.9% at $102.74 O/R

** Cruise operators Carnival Corp CCL.N and Norwegian Cruise Line Holdings NCLH.N up 3.4% and 3.7%, respectively

** Viking Holdings VIK.N and Royal Caribbean RCL.N gain 3.6% and 3.3%, respectively

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

** YTD, CCL down 10.5%, NCLH down about 30%, RCL up 4.5%, VIK up ~22%

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk