The year’s most-closely watched seasonal forecast firmed up expectations that Europe is heading for a significantly warmer winter than normal, likely reducing the need for heating fuels over the coming moths.
Data generated by the Copernicus Climate Change Service signals a minimum 50% probability that most of Europe will experience well-above average temperatures between December and February.
The Balkans, Italy and the Iberian peninsula have a 60% to 70% chance of exceeding median historical temperatures over the past three decades.
Source: Bloomberg