Oil𒁏 prices rose🧸 to a five-month high on Monday, weighing on the stocks of airlines, cruise operators, and other companies whose finances are directly affected by the price of fuel.

Oil prices jumped more than 3% at the end of last week after the Treasury Department announced sweeping sanctions against the Russian oil industry, rᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚaising concerns about possible disruptions to global supply. 

澳洲幸运5开奖号码历史查询:Brent crude, the global benchmark, rose more than 1% to about $81 a barrel, its highest level since August. 澳洲幸运5开奖号码历史查询:West Texas Intermediate, thꦓe American benchmark, traded a🌱t $78.70 a barrel on Monday afternoon, a nearly 3% increase from Friday.

Airlines, for which fuel is a large expense, were feeling the pressure on Monday. Shares of Delta Air Lines (DAL) and United Airlines (UAL) fell over 2%. American Airlines (AAL) slumped more than 4%. Cruise operators like Carnival (CCL) and Norwegian Cruise Line (NCLH) were also🌟 lower, down about 1.6% and 0.6%, respectively.&ꦇnbsp;

On the flip side, oil and natural gas producers were among the S&P 500's best performers on Monday. Shares of Baker Hughes (BKR) were up nearly 4% and ExxonMobil (XOM) advanced close to 3%.

Travel stocks finished the year strong as oil prices trended lower and consumers showed few signs that higher prices have dented robust post-pandemic travel demand. United Airlines was one of the S&P 500’s best-performing stocks in 2024. Its shares have more than doubled in value in the past year. Delta has gained about 69% over the same period. Royal Caribbean (RCL) stock was little changed Monda🐻y but has risen more t🐈han 87% in the last 12 months.