Oil prices plunged after OPEC announced that it would not be cutting production, but lower fuel costs mean good news for many major companies.
The most notable winners are the airlines, which see a significant portion of their costs go to fuel every year. In 2013 alone, U.S. carriers spent about $48.20 billion on fuel, according to the Department of Transportation.
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Other companies are also seeing their stocks soar on the cheap oil trade. Cruise lines Carnival and Royal Caribbean saw 2 and 3 percent gains, respectively. Competitor Norwegian Cruise Line, rose 6 percent.