U.S. National Weather Service said Monday the six-month Atlantic hurricane season, which starts in June and end in November, is "very active", although is unlikely to reach the records set last year, when there were 28 tropical storms, 15 of which strengthened into hurricanes.
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Crude Oil Price Soared Over $71
World crude oil prices surged above $71
World crude oil prices surged above 71 dollars Tuesday amid concerns over an active hurricanes season, on the eve of U.S. weekly energy stocks report.
New York's main contract, light sweet crude for delivery in July, rose 1.80 dollars to close at 71.76 dollars a barrel.
In London, Brent North Sea crude for July delivery added 1.65 dollars to 71.00 dollars a barrel.
U.S. National Weather Service said Monday the six-month Atlantic hurricane season, which starts in June and end in November, is "very active", although is unlikely to reach the records set last year, when there were 28 tropical storms, 15 of which strengthened into hurricanes.
U.S. National Weather Service said Monday the six-month Atlantic hurricane season, which starts in June and end in November, is "very active", although is unlikely to reach the records set last year, when there were 28 tropical storms, 15 of which strengthened into hurricanes.
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