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Atlantic Set for Up to 25 Named Storms in 2024: NOAA

OIL

US forecasters predict 17-25 named storms during the six-month Atlantic Hurricane season starting June. 1, according to the NOAA, cited by Bloomberg.

  • 8-13 could become hurricanes with 4-7 major systems expected to produce winds above 111mph.
  • An average hurricane system produces 14 named storms.
  • A busy hurricane system could be disruptive for flows from the USGC, a key oil export and refinery hub.
  • Should the storms move into the Gulf of Mexico, it could also impact some offshore production.
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US forecasters predict 17-25 named storms during the six-month Atlantic Hurricane season starting June. 1, according to the NOAA, cited by Bloomberg.

  • 8-13 could become hurricanes with 4-7 major systems expected to produce winds above 111mph.
  • An average hurricane system produces 14 named storms.
  • A busy hurricane system could be disruptive for flows from the USGC, a key oil export and refinery hub.
  • Should the storms move into the Gulf of Mexico, it could also impact some offshore production.