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Oil prices fell on Friday as fears about the disruption of Middle East crude shipments from Yemen's conflict eased and the focus turned to the likelihood of an Iranian nuclear deal by next week that could put more supply on the market. "Both sides have a lot of skin in the game in terms of the pressure to deliver something, so we're probably going to hear noise that they have a deal or are close enough but will have to postpone to another deadline," said John Kilduff, partner at New York energy hedge fund Again Capital.
Cruise giant Carnival Friday reported better earnings on lower fuel costs as it ordered nine new cruise ships from shipbuilders in Germany and Italy. Carnival, the world's largest cruise company, ordered five ships from Italian shipbuilder Fincantieri and four ships from Germany's Meyer Werft. The new ships will be delivered from 2019-2022 and are intended to serve established cruise markets in North America and Europe as well as newer venues such as China, Carnival said. "These will be the most efficient ships we have ever built and the great guest experience will create even more excitement around cruising -- helping new cruisers realize the superior vacation experience and value that cruising offers versus land-based vacations," said Arnold Donald, chief executive of Carnival.