Jet-Fuel Price Shock Hits Airlines As Raymond James Cuts Estimate Across Coverage, Warns Of JetBlue Bankruptcy Risk

President Donald Trump claimed that American weapons stockpiles were full and said he would arrest leakers who have been sources for multiple reports that the military’s arsenal is running low.  “The US has massive amounts of ‘munitions,’ especially of certain types. Additionally, large amounts are being manufactured and shipped to the US as needed,” the […]

"Generates A Number Of Risks": UBS Warns German NatGas Storage Levels Alarmingly Below Seasonal Norms Following up on our "Winter Is Coming: Europe Faces Twin Diesel And NatGas Crunch" note earlier this month, which focused on Europe as a whole, UBS analysts focused on Germany's natural gas inventories Monday morning and warned that levels are alarmingly low for this time of year, raising the risk of elevated prices and a renewed supply crunch if the Northern Hemisphere experiences a severe winter. Simon Penn, a London-based UBS macro strategist, wrote earlier today...

EU NatGas Nears Mutli-Year Highs Even As Citi Sees Supply Crunch Easing Europe's main natural gas price benchmark is headed for multi-year highs despite the "energy ceasefire" reported between Russia and Ukraine over the weekend and improving Strait of Hormuz energy flows. Europe is heading into the Northern Hemisphere winter without Qatari LNG exports and with storage levels well below 15-year lows. Dutch TTF futures trade around 83 euros per megawatt-hour, the highest level since early 2023. The September pullback to around 70 euros per megawatt-hour was short-lived. "Even without Qatari LNG exports,...