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OIL
Forecasts highlight an active hurricane season for the US Gulf this summer according to Jeff Berardelli, chief meteorologist for WFLA-TV.
- “What stands out about this season is steering. Last spring the models clearly projected a recurving storm track for peak hurricane season. That ended up being correct. This year there’s a robust model consensus that the average storm track will be into the Caribbean,” Berardelli said via X.
- See chart for details to highlight hurricane direction (steering) heading across the Caribbean rather than largely pulling away last season.
- “One thing we look for, beyond the record warm water, is the orientation of the warmer than normal water in the Atlantic. The horseshoe pattern is classic right now and typically corresponds with active hurricane seasons,” Berardelli added.
Source: WFLA-TV
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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