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-0.000126706005864769 -0.000199109437787376 -0.00228070810556419 -0.00191869094595094 -0.00123085834268556 -0.00123085834268556 -0.00123085834268556 -0.00123085834268556
Stock impact report

Higher prices are here. Companies add surcharges amid Mideast turmoil [Yahoo! Finance]

Ecolab Inc. (ECL) 
Last ecolab inc. earnings: 4/28 08:30 am Check Earnings Report
US:NYSE Investor Relations: investor.ecolab.com
Company Research Source: Yahoo! Finance
at the gas pump, but that pain is about to spread as companies add fuel surcharges to their prices. Iran's effective closure of the Strait of Hormuz , a key passageway for a fifth of the world's oil shipments, spiked oil prices past the key $100 per barrel level. The jump in oil prices boosted the U.S. average price for a gallon of regular gas by more than 50 cents earlier this week to $3.45, according to Gas Buddy, which tracks nationwide pump prices. Crude oil typically accounts for roughly 50% to 60% of the cost of a gallon of gasoline. Companies across industries are following up with their own fees that will likely dribble down to consumers, experts said. Package delivery company UPS , shipping giant Maersk , chemicals firm Ecolab and airlines Cathay Pacific and Air India have all announced fuel surcharges since the U.S. and Israel launched attacks on Iran. “We expect more such announcements until oil prices cool meaningfully from four-year highs,” Raymond James Investment Show less Read more
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