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  • NOAA expects near-normal Atlantic hurricane season with ‘a lot of uncertainty’

    From politico.com

    The National Oceanic and Atmospheric Administration projected a “near normal” Atlantic hurricane season Thursday, though officials cautioned unusually high sea-surface temperatures and a likely El Niño complicates the forecast. Details: NOAA said the season, which runs from June 1 through Nov. 30, could bring between 12 and 17 named storms. Five to nine of those could become hurricanes, with one to four hitting Category 3 or higher. Context: NOAA lead hurricane forecaster Matthew Rosencrans cautioned that the combination of El Niño and warm waters causes “a lot of uncertainty.” He said that’s why NOAA’s ... (full story)

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    Colombia May Rethink Exploration Ban as Oil, Gas Reserves Dwindle

    From bnnbloomberg.ca|May 25, 2023

    Colombia is studying the need for more exploration contracts after a report showed oil and gas reserves dropping, according to a senior minister. The government wants to lead a ...

    Oil Trader Andurand Losing 46% In Worst Year Ever

    From zerohedge.com|May 25, 2023

    This year's slide in oil has been painful to commodity bulls, and none more so than famed oil hedge fund manager Pierre Andurand whose already bad year is getting worse. Bloomberg ...

    Energy Market Commentary: Bob Iaccino, 5/25/23

    From youtube.com/cmegroup|May 25, 2023

    Natural Gas futures decline during four of the last five sessions. Bob Iaccino has more.

    •   Newer Stories
    Refining’s perfect storm passes

    From woodmac.com|May 25, 2023

    For consumers of oil products, lulled into a false sense of security by moderate fuel prices over much of the last decade, 2022 came as a shock. The war in Ukraine exposed the ...

    Forecasting personal consumption expenditures (PCE) with Indicio

    From macrobond.com|May 25, 2023

    With inflation in focus, we have generated a forecast for US personal consumption expenditures (PCE) with Indicio. Indicio is an automated, machine-learning platform that allows ...

    Oil Holds Decline as Investors Digest Moscow’s Message on OPEC+

    From bnnbloomberg.ca|May 25, 2023

    Oil was steady after falling more than 3% on Thursday as Russia suggested OPEC+ wasn’t likely to change production levels at its next meeting, and investors tracked negotiations ...

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  • Posted: May 25, 2023 8:20pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 45
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    Colombia May Rethink Exploration Ban as Oil, Gas Reserves Dwindle
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