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Cushing crude stocks sit less than 2 mmbbls above operational floor amid global supply crisis
· Financial Post
LONDON/HOUSTON/SINGAPORE, June 12, 2026 (GLOBE NEWSWIRE) -- Cushing crude storage levels have plummeted in recent months. Inventories fell 11.3 million barrels (mmbbls) to less than 25 mmbbls between early April and early June, according to Wood Mackenzie. The firm's monitoring spans fixed-roof tanks, caverns, and floating-roof tanks, producing more complete and reliable datasets than satellite-sourced alternatives. While satellite data can estimate volumes in floating-roof tanks, it cannot measure levels in fixed-roof tanks or underground storage caverns. This comprehensive coverage gives Wood Mackenzie unique visibility into US and global crude storage dynamics. Read More
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