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Tuesday, April 7, 2009
Crude Oil Could Fall On Hurricane Season Estimates
"Forecasters See Lower Average for 2009 Atlantic Hurricane Season"
According to forecasters at Colorado State University, the 2009 Atlantic hurricane season is expected to show average storm activity from June 1 to Nov. 30. The forecasters cite an average of 12 storms for the active season, six of which will transform into hurricanes with two set to become intense hurricanes, which are defined by sustained winds of 111 miles per hour or more....Complete Story
Labels:
Crude Oil,
Exxon,
hurricanes,
rigs,
RSI,
Stochastics
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