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A pair of storms begin to form in the mid-Atlantic

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The oil market is in focus due to OPEC+ at the moment but it could be on storms later this week.

The NHC forecasts a near 100% chance of one system forming into a tropical cyclone in the next 48 hours with the second showing a 70% chance over the coming seven days.

The second system looks to me like it’s tracking too far north to be a factor for the energy market but the first once is lining up right in hurricane alley.

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