As investors worry about oil supply, airline and cruise ship stocks are getting hit on Monday, while some energy stocks are shooting upward.
Shares of industries with high fuel costs like airlines and cruise-lines dropped on Monday as crude oil and gasoline futures spiked.An American Airlines Boeing 737 Max 8 aircraft.
Shares of industries with high fuel costs like airlines and cruise-lines dropped on Monday as crude oil and gasoline futures spiked. Shares of retailers fell on fears higher gasoline costs would hurt future sales and hurt profit margins.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Australia stocks set to trade little changed; oil prices spike 13% after attacks on Saudi oil productionInvestors will watch for market reaction in shares of oil companies across the region on Monday, following a surge in crude prices after drone attacks hit Saudi oil supply.
Baca lebih lajut »
European stock markets fall as oil producers surge and airlines tumble on Saudi attackEuropean stock markets fell on Monday as traders reacted to the news of the attack that took half of Saudi Arabia’s oil output offline, sending oil producers much higher while airlines struggled.
Baca lebih lajut »
Iran says it will adopt maximum crude output policy if U.S. lifts sanctionsIran will adopt a policy of maximum crude production if the United States lifts ...
Baca lebih lajut »
China's August steel output recovers before expected stricter curbsChina's monthly crude steel output picked up in August, after falling for t...
Baca lebih lajut »