In depth view into Cushing, OK Crude Oil Stocks including historical data from Report: Weekly Petroleum Status; Source: Energy Information Administration. Get the Cushing Crude Oil Inventories results in real time as they're announced that oil supplies in the U.S. registered a larger-than-expected inventory build. the Energy Information Administration said in its weekly report on Wednesday. The EIA's weekly inventory report also updates total stockpile levels that can be Inventory levels at Cushing reflect the pace at which the U.S. oil supply is 8 Feb 2020 Between the two major crude oil inventory reports from the API and the Oil inventory reports are indicators of the supply and demand for oil 13 Feb 2020 The latest report also showed that supplies at the Cushing terminal in Oklahoma ( the key delivery hub for U.S. crude futures traded on the New
13 Feb 2020 The latest report also showed that supplies at the Cushing terminal in Oklahoma ( the key delivery hub for U.S. crude futures traded on the New
Current inventories at the Cushing, OK, storage hub have fallen more than 27mn bbls since the beginning of November, dropping to the lowest level since January 2015, according to Genscape’s Cushing Crude Oil Storage report. Steady declines have been driven by incoming pipeline outages hampering supply, increased demand along the Gulf Coast, and a backwardation structure in the NYMEX Light Sweet Crude (WTI) futures contracts. The volume of oil sitting in 300 steel tanks in a nine-square-mile radius in Cushing, Oklahoma has long been a key barometer for the health of U.S. crude supply and the nation's benchmark for Crude oil inventories at Cushing ticked up slightly to 36 million barrels for the week ending on April 6, but still hovered near lows not seen in several years. Throughout the oil market downturn that began in 2014 and lasted through much of 2017, inventories at Cushing bounced around roughly between 50 Oil prices jumped on Thursday after the EIA reported a surprise drawdown in crude oil inventories, ending several consecutive weeks of inventory. Crashing Cushing Inventories Boost Oil Prices | Nasdaq Global oil supply has outstripped demand over the last six months, inflating inventories and pushing crude oil to its lowest in more than a year at the end of November.
Cushing, OK Ending Stocks of Crude Oil (Thousand Barrels) No Data Reported ; -- = Not Applicable; NA = Not Available; W = Withheld to avoid disclosure of
Ten of the top ten hedge funds use our Cushing Crude Oil Storage Report to trade WTI. TRADERS: Make smarter WTI trades, faster. With access to our Cushing data, be the first to know about inventory and utilization changes at the hub. Detect supply-side trends that sway WTI prices. ANALYSTS: Cushing's oil market clout wanes amid U.S. export boom. NEW YORK (Reuters) - The volume of oil sitting in 300 steel tanks in a nine-square-mile radius in Cushing, Oklahoma has long been a key barometer for the health of U.S. crude supply and the nation’s benchmark for daily trading of billions of dollars in the commodity. 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. Currently, there are about 300 steel oil storage tanks. Every day up to 6 million barrels of oil flow through Cushing’s 13 major pipelines in or out of the tanks. As new pipelines went online in 2014 and 2015, crude oil inventories in Cushing further expanded. At the moment, markets are recovering from a historic supply glut. Monthly data for RBOB with Ether, RBOB with Alcohol, and Reformulated GTAB Motor Gasoline Blending Components are discontinued as of the January 2010 reporting period. Beginning with data for January 2005 total crude oil and petroleum products stocks do not include lease stocks.
Current inventories at the Cushing, OK, storage hub have fallen more than 27mn bbls since the beginning of November, dropping to the lowest level since January 2015, according to Genscape’s Cushing Crude Oil Storage report. Steady declines have been driven by incoming pipeline outages hampering supply, increased demand along the Gulf Coast, and a backwardation structure in the NYMEX Light Sweet Crude (WTI) futures contracts.
Global oil supply has outstripped demand over the last six months, inflating inventories and pushing crude oil to its lowest in more than a year at the end of November. Supply fears are rising after a report by private forecaster Genscape showed that supplies in at the biggest U.S. storage complex in Cushing, Okla., drained once again falling by 3.215 million barrels to a multiyear low 29,956,463 million barrel.
API's Weekly Statistical Bulletin (WSB) has reported total U.S. and regional data relating to refinery operations and the production of the four ma
The EIA's weekly inventory report also updates total stockpile levels that can be Inventory levels at Cushing reflect the pace at which the U.S. oil supply is 8 Feb 2020 Between the two major crude oil inventory reports from the API and the Oil inventory reports are indicators of the supply and demand for oil 13 Feb 2020 The latest report also showed that supplies at the Cushing terminal in Oklahoma ( the key delivery hub for U.S. crude futures traded on the New The increased production has created a glut of supply at Cushing that exceeds the A recent report (Swift 2012) claims that the increase in the PADD 2 oil price 6 Mar 2020 Crude Oil Stocks Change in the United States averaged 0.06 BBL/1Million from 1982 until 2020, with market expectations of a 2.266 million gain, according to EIA Petroleum Status Report. Stocks of crude oil refer to the weekly change of the crude oil supply situation. Cushing Crude Oil Stocks BP, Monroe settle supply dispute. ▫ Trump pushes permit WTI crude at Houston, Texas, sold at premiums to the Cushing marker between $2.05/bl reported changing hands at a $3.05/bl premium to WTI, but for de- livery to St. James via