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Subtropical cyclone forecast to form off Bermuda on Friday, says U.S. NHC

imageCommodities59 minutes ago (May 20, 2021 08:51AM ET)

(Reuters) – A low pressure system off Bermuda is forecast to develop into a subtropical cyclone northeast of Bermuda by Friday, the National Hurricane Center (NHC) said on Thursday.

The system, with an about 70% chance of developing into a cyclone, is now located about 800 miles east of Bermuda, the NHC said.

Subtropical cyclone forecast to form off Bermuda on Friday, says U.S. NHC

Oil falls with possible return of Iranian supply

Oil falls with possible return of Iranian supply
By Reuters – May 20, 2021

By Shadia Nasralla LONDON (Reuters) -Oil prices were on course for a third day of losses on Thursday after diplomats said progress was made towards a deal to lift sanctions on…

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