(Bloomberg) – The Atlantic hurricane season will probably end with an above-average 14 to 19 named storms that can rattle energy and agriculture markets now that it is almost certain a system-deterring Pacific El Nino won't arrive.
At least 5 to 9 will become hurricanes with 2 to 5 becoming major systems with winds of 111 miles (179 kilometers) per hour or more, the National Oceanic and Atmospheric Administration said in a conference call with reporters Wednesday. Storms are named when their winds reach 39 mph. In May, the agency said 11 to 17 storms would form.
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