CXO
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https://www.csiro.au/en/news/all/news/2023/july/expert-commentary...

  1. BrucieKibbutz
    2,166 Posts.
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    26/07/23
    13:30
    Post #: 68990645
    https://www.csiro.au/en/news/all/news/2023/july/expert-commentary-el-nino

    El nino sitting at a 70-90% probability also depending on which weather source you believe so high probability that the next years rain events may be less of an issue.

    El Niño Event: Delayed monsoon, fewer tropical cyclonesEl Niño influences the monsoon and tropical cyclone activity in the Australian region. The onset of the monsoon in Northern Australia typically occurs a few weeks later than usual when El Niño is underway. The Australian region also sees fewer tropical cyclones during El Niño years, particularly in the Eastern Region, to the northeast of Queensland.
    CXO Price at posting: 72.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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