Cushing crude stockpile dips below 20M barrels in early July

U.S. crude inventories at the key Cushing, Oklahoma storage hub fell below 20 million barrels during early July, marking a significant draw from a major petroleum logistics chokepoint that affects crude pricing and refinery operations.

First covered Jul 16, 2026 · 7:00 AM PT · 1 article

Cushing crude stockpile dips below 20M barrels in early July — Image via eia.gov

Coverage

5h EIA Today in Energy What are tank bottoms? — Crude oil inventories held at storage facilities in Cushing, Oklahoma, fell below 20 million barrels during the week ending June 19 until the week ending July…

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eastdaley.com Depleted Cushing Storage is Flashing Red in Crude Markets | East Daley

Appeared in: 2026-07-16 (#20)

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