19 Nov 2019 Supplies at Cushing, Oklahoma, fell 2.3 million barrels: EIA Nationwide crude inventories rose 1.38 million barrels, less than reported by the 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 Cushing Inventory Report. Using sophisticated aerial cameras and photogrammetric techniques we make measurements of the fluid levels in oil tanks at Cushing, OK.* We capture on Fridays mornings and delivery you the data at 9:00 am ET on Monday - weather permitting. This is 2 days faster than the EIA. This week’s domestic crude oil production estimate incorporates a re-benchmarking that lowered estimated volumes by 65,000 barrels per day, which is about 0.5% of this week’s estimated production total. The petroleum supply situation in the context of historical information and selected prices.
Related: OPEC ‘Supergroup’ Keeps Oil Exports Subdued But that obscures the fact that the declines really kicked into high gear only recently. As of November, Cushing still held more than 60 million barrels. In the past six weeks alone, Cushing has shaved off 16 million barrels.
Highly accurate Cushing, Oklahoma oil storage measurements delivered two We deliver exclusive insight into inventory, utilization, and capacity changes at Exclusive Intel: We are the only supplier of twice-weekly Cushing storage data. In depth view into Cushing, OK Crude Oil Stocks including historical data from Report: Weekly Petroleum Status; Source: Energy Information Administration. The weekly inventory report shows how U.S. oil stocks, other than those in the of the EIA's inventory data is the number of oil stocks at the Cushing, Oklahoma, 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 21 Aug 2019 Crude stocks at the Cushing, Oklahoma, delivery hub fell by 2.5 million barrels, EIA said, the seventh consecutive weekly fall in stocks at the 6 Dec 2018 to trust Ursa's weekly change measurements within 500,000 barrels (bbls), in either direction. Figure 1: Ursa Cushing Inventory Data 2018. Figure 2: Cushing Crude Oil Inventory Data Fill Percentage 10/4 – 11/15 27 Nov 2019 Crude inventories rose by 1.6 million barrels in the week ended Nov. Crude oil storage tanks are seen from above at the Cushing oil hub in Cushing, Its fifth straight weekly build took stocks to 452.0 million barrels, their
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 and 65 million barrels.
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. Weekly Cushing, OK Ending Stocks excluding SPR of Crude Oil (Thousand Barrels) Year-Month Week 1 Week 2 Week 3 Week 4 Week 5; End Date Value End Date Value End Date Cushing, Oklahoma Stocks of Crude Oil and Petroleum Products; Cushing, Oklahoma Weekly Supply Estimates; Oil Price Fundamental Weekly Forecast – Cushing Inventories, U.S. CPI Data Should Drive Price Action We should know early in the week if the rally on Friday in reaction to the U.S. jobs report As the delivery point for the NYMEX Light Sweet Crude (WTI) contract, Cushing is the focal point of the most actively traded crude oil contract in the world. We deliver exclusive insight into inventory, utilization, and capacity changes at the tank, operator, and location levels for floating- and fixed-roof tanks at Cushing. Cushing, OK Crude Oil Stocks is at a current level of 37.88M, up from 37.18M last week and down from 47.52M one year ago. This is a change of 1.89% from last week and -20.29% from one year ago. Wholesale propane prices averaged $0.53 per gallon, nearly 4 cents per gallon lower than last week’s price and almost 31 cents per gallon below last year’s price. For questions about This Week in Petroleum, contact the Petroleum Markets Team at 202-586-4522. API Weekly Crude Oil Stock Discussion Comment Guidelines We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other.
Cushing Inventory Report. Using sophisticated aerial cameras and photogrammetric techniques we make measurements of the fluid levels in oil tanks at Cushing, OK.* We capture on Fridays mornings and delivery you the data at 9:00 am ET on Monday - weather permitting. This is 2 days faster than the EIA.
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. Weekly Cushing, OK Ending Stocks excluding SPR of Crude Oil (Thousand Barrels) Year-Month Week 1 Week 2 Week 3 Week 4 Week 5; End Date Value End Date Value End Date Cushing, Oklahoma Stocks of Crude Oil and Petroleum Products; Cushing, Oklahoma Weekly Supply Estimates; Oil Price Fundamental Weekly Forecast – Cushing Inventories, U.S. CPI Data Should Drive Price Action We should know early in the week if the rally on Friday in reaction to the U.S. jobs report As the delivery point for the NYMEX Light Sweet Crude (WTI) contract, Cushing is the focal point of the most actively traded crude oil contract in the world. We deliver exclusive insight into inventory, utilization, and capacity changes at the tank, operator, and location levels for floating- and fixed-roof tanks at Cushing.
Cushing is a city in Payne County, Oklahoma, United States. The population was 7,826 at the Oil industry[edit]. Graph of weekly Cushing Stocks excluding SPR of Crude Oil from 2004 to 2018 an accurate gauge of world oil prices. By May 2007, Cushing's inventory fell by nearly 35% as the oil-storage trade heated up.
Related: OPEC ‘Supergroup’ Keeps Oil Exports Subdued But that obscures the fact that the declines really kicked into high gear only recently. As of November, Cushing still held more than 60 million barrels. In the past six weeks alone, Cushing has shaved off 16 million barrels. Cushing crude oil inventories hit 68.3 MMbbls, the highest point ever, in the week ending on May 13, 2016. New pipelines that came online in 2014 and 2015 led to the rise in Cushing crude oil Cushing crude oil inventories. The EIA (US Energy Information Administration) reported that Cushing crude oil inventories fell by ~1.07 MMbbls (million barrels) to ~52.97 MMbbls in the week ending September 25. This is the fifth consecutive weekly decline at Cushing. Cushing, OK Crude Oil Stocks Chart. Add to Watchlists Create an Alert Overview ; The Fundamental Chart contains more than 4,000 line items and calculations - from PE Ratios to Payout Ratios - which can be combined to present a clear long-term view of a business. Add to that the ability chart information for multiple companies and multiple