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U.S. Cushing Crude Oil Inventories

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U.S. Cushing Crude Oil Inventories

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Status

 
Latest Release
Feb 14, 2018
Actual
-3.642M
Previous
-0.711M
Change in the number of barrels of crude oil held in storage at the Cushing, Oklahoma during the past week. Storage levels at Cushing are important because it serves as the delivery point for the U.S. crude oil benchmark, West Texas Intermediate.
Importance:
Country:
Currency: USD
Source: Energy Information Administrat...
U.S. Cushing Crude Oil Inventories
 
Release Date Time Actual Forecast Previous
Feb 22, 2018 11:00     -3.642M
Feb 14, 2018 10:30 -3.642M   -0.711M
Feb 07, 2018 10:30 -0.711M   -2.224M
Jan 31, 2018 10:30 -2.224M   -3.150M
Jan 24, 2018 10:30 -3.150M   -4.184M
Jan 18, 2018 11:00 -4.184M   -2.395M

News

Analysis

Phil Flynn
Selloff In Oil Should Be Temporary By Phil Flynn - Feb 14, 2018 3

Shoulder Season Blues Oil prices are under pressure after the American Petroleum Institute (API) reported a 3.947-million-barrel increase in crude supply, not unexpected because it is after all ...

Phil Flynn
Oil: Don’t Forget About Demand By Phil Flynn - Jan 23, 2018 1

Oil prices are consolidating as the global economic forecasts are driving demand expectations higher as U.S. oil inventories continue to plunge. After a record one-week drop in supply last week, at ...

Cushing Crude Oil Inventories Discussion

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All Comments (2)
Chuck Isbell
Chuck Isbell Aug 16, 2017 2:50PM GMT
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Isn't this a build in supply?  What am I missing?
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Pratap Simha
Pratap Simha Aug 24, 2016 4:06AM GMT
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What should be the deal after the news for crude oil inventories
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