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Cruise Stocks Climb Amid Falling Crude Prices

By Laura McCandless | November 09, 2026, 12:04 PM

The Dow Jones Industrial Average (DJI) is surging nearly 900 points today as falling oil prices fuel a broader market rally. West Texas Intermediate (WTI) crude is down 3.7% to roughly $87 per barrel, extending last week's nearly 13% drop. Cruise stocks are among the beneficiaries of lower fuel costs, with Royal Caribbean Cruises Ltd (NYSE), Carnival Corporation (NYSE), and Norwegian Cruise Line Holdings Ltd (NYSE) all moving higher. The three stocks have been steadily climbing since their late-September lows, though their year-to-date performances remain mixed.

RCL was up 3.1% to trade at $337.43 at last glance. The shares are trading at their highest level since February, nearly 21% higher in 2026, making it the strongest year-to-date performer of the three.

CCL is 3.4% higher at $30.58. The equity is running into pressure at the $31 level, which kept a lid on gains in June, hovering around breakeven for the year. 

NCLH is up 2.5% to trade at $18.36. Despite its recent momentum, Norwegian Cruise Line stock remains down 17.8% year to date, making it the weakest 2026 performer of the group.

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