Oil Trade Reverses as Syria-Related Tensions Ease (CCL) (RCL) (DAL) (LCC) (USO)
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Stock effected by the price of oil were on the move early on Tuesday, as geopolitical tensions eased. Syria said it would accept Russian's chemical weapons plan, sending WTI and Brent prices sharply lower.
Stock effected include Royal Caribbean Cruises Ltd. (NYSE: RCL) and Carnival Corporation (NYSE: CCL). Airlines like Delta Air Lines Inc. (NYSE: DAL) and US Airways Group, Inc. (NYSE: LCC) also gained ground, along with other related stocks.
WTI prices declined below $107.50 and Brent fell to below $112. United States Oil (NYSE: USO) is expected to open lower by more than 1.5%.
Stock effected include Royal Caribbean Cruises Ltd. (NYSE: RCL) and Carnival Corporation (NYSE: CCL). Airlines like Delta Air Lines Inc. (NYSE: DAL) and US Airways Group, Inc. (NYSE: LCC) also gained ground, along with other related stocks.
WTI prices declined below $107.50 and Brent fell to below $112. United States Oil (NYSE: USO) is expected to open lower by more than 1.5%.
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