The Next Bullish Catalyst For Oil Markets

Despite the devastation caused by Hurricane Ian, oil markets have been relatively unaffected by this year’s hurricane season. The next real catalyst for oil prices, short of a significant geopolitical development involving Russia over the weekend, will be next week’s OPEC meeting, which has the potential to send oil prices climbing again. Oilprice Alert: This … Read more

Ian weakens to a tropical storm after soaking Florida

Ian made landfall as a Category 4 hurricane Wednesday afternoon in southwest Florida as one of the most powerful storms ever recorded in the US Here’s the latest on Tropical Storm Ian: Ian weakened to a tropical storm Thursday after making landfall Wednesday as a Cat 4 hurricane. It’s moving northeast at 8 mph and … Read more

Hurricane Ian strikes Cuba, Florida braces for Cat 4 damage

Hurricane Ian tore into western Cuba on Tuesday as a major hurricane, with nothing to stop it from intensifying into a catastrophic Category 4 storm before it hits Florida, where officials ordered 2.5 million people to evacuate before it crashes ashore as early as Wednesday.Ian made landfall at 4:30 am EDT Tuesday in Cuba’s Pinar … Read more

Fiona brings heavy rain, wind to Canada after pounding Bermuda

Hurricane Fiona transformed into a post-tropical cyclone late Friday, but meteorologists warned it could still bring hurricane-strength wind, heavy rain and big waves to the Atlantic Canada region and had the potential to be one of the most severe storms in the country’s history. . Fiona, which started the day as a Category 4 storm … Read more

Hurricane Fiona takes aim at Canada after pounding Bermuda

A hurricane expected to transform into a huge post-tropical storm will bring hurricane-strength wind, heavy rain and big waves to Atlantic Canada, meteorologists said Friday, warning that it has the potential to be one of the most severe storms in the country’s history. . Hurricane Fiona, which had weakened a bit to a Category 3 … Read more