U.S. Oil Refiners Brace For Hurricane Season

U.S. oil markets are preparing for hurricane season amid already low oil product stockpiles, as forecasts predict a more active season this year. Between six and ten hurricanes could form in the Atlantic this hurricane season, which starts next month and runs through November, with peak season in September. Three of those are set to become major storm systems, according to the U.S. National Oceanic Atmospheric Administration’s (NOAA) Climate Prediction Center. Ongoing La Nina and above-average Atlantic temperatures are contributing to the…