nibelung

Goldman's $200 Oil Call and the Hurricane Premium Theory

Hurricane season is Jun 1st - Nov 30, peak is Sept 10, heaviest months Aug-Oct.
A rare hurricane hit Brasil last year (or the year before), also hit have been Spain and Morocco. More energy in the system suggests more and stronger hurricanes.
Some will just affect GOM platforms, shut down, evacuations, temporary supply interruptionsHu; others may destroy platforms and cause longer term grief.