Cushing Oil Storage Levels
Weekly crude oil inventory data for Cushing, Oklahoma - the primary delivery point for WTI futures contracts and the largest oil storage hub in the United States.
Current Cushing Storage
Total capacity: ~76 million barrels
Why Cushing Storage Matters
WTI Price Discovery
Cushing is the physical delivery point for West Texas Intermediate (WTI) crude oil futures traded on NYMEX. Storage levels directly impact the futures curve structure and can cause significant price movements.
Trading Signals
- High inventory: Often bearish for WTI prices
- Low inventory: Often bullish, supporting backwardation
- Near capacity: Can cause contango steepening
Weekly EIA Data
Official inventory data from the U.S. Energy Information Administration, released every Wednesday.
Historical Data
Access years of historical Cushing storage data for trend analysis and research.
API Integration
Simple REST API with JSON responses. Perfect for trading systems and analytics platforms.
Access Cushing Storage via API
Get current Cushing storage level:
curl -H "Authorization: Token YOUR_API_KEY" \ "https://api.oilpriceapi.com/v1/prices/latest?by_code=CUSHING_STORAGE"
Example response:
{
"status": "success",
"data": {
"code": "CUSHING_STORAGE",
"name": "Cushing OK Crude Oil Storage",
"price": 20.9,
"unit": "million barrels",
"source": "EIA",
"created_at": "2025-12-12T16:00:00.000Z"
}
}Frequently Asked Questions
What is the current Cushing oil storage level?
Current Cushing crude oil storage is 20.9 million barrels, representing approximately 27.5% of total capacity. Data is sourced from the U.S. Energy Information Administration (EIA) weekly petroleum status report.
Why is Cushing storage important for oil prices?
Cushing, Oklahoma is the delivery point for WTI crude oil futures contracts traded on NYMEX. Storage levels at Cushing directly impact the WTI futures curve and can cause significant price movements when inventories approach capacity limits or draw down rapidly.
How often is Cushing storage data updated?
The EIA releases weekly petroleum status reports every Wednesday at 10:30 AM ET, which includes Cushing storage data. Our API updates with this data shortly after release.
What is the total storage capacity at Cushing?
Cushing has approximately 76 million barrels of working storage capacity across multiple tank farms. The hub is the largest crude oil storage facility in the United States and a critical piece of North American oil infrastructure.
Related Data
Start Tracking Cushing Storage
Get programmatic access to weekly EIA inventory data for Cushing and other key oil storage metrics.