Cushing sees slight gain in crude oil storage

The Heart of the Matter - Everything You Need to Know About the Cushing Oil  Hub | RBN Energy


Oklahoma’s Cushing hub saw a slight gain in the amount of crude oil held in storage in the past week.

The latest information provided by the U.S. Energy Information Administration showed 22.8 million barrels were in storage as of July 15, up from the 21.6 million reported as of July 8 of this year.

The storage compared to 21.3 million maintained as of the first of July.

One year ago, the Cushing oil hub held 36.7 million barrels of crude in storage.

Click here for EIA report