TROUBLES AHEAD WITH EUROPEAN AIRLINES ON STOCK WATCH AS WEATHER AND AN OLD FAMILIAR FOE COMBINE TO MAKE THE OUTLOOK FOR WINTER 2010/11 TRICKY!

Brent crude topped $90.91 a barrel at the close yesterday with the Nymex and WTI both at $88.28, both down on the day. Oil is increasing in line with winter demand, spurred on in Europe and much of North America by the grip of harsh weather, with reports suggesting yesterday that much of Northern Europe will suffer a once in a lifetime period of very cold conditions throughout December. Airlines will have to deal with the higher fuel costs and many will be that little bit more upset by the fact that they should be enjoying better fuel burn with