Disclaimer:All content on this platform is sourced from the internet and is provided for informational purposes only. None of the content represents the views of this site, nor does it constitute investment advice. Please exercise caution when investing.
Crude Oil Inventories at U.S. Delivery Hubs Are Running Low
Svmuu News: Inventories at Cushing, the U.S. crude oil delivery hub, are running critically low and nearing operational capacity limits. As the conflict in the Middle East continues to disrupt global energy supplies, Under normal circumstances, Cushing holds about 40 million barrels of oil, with a maximum storage capacity of 75 million barrels. However, the latest data from the U.S. Energy Information Administration shows that local inventories have dropped to 21.6 million barrels, just slightly above the operational warning line of approximately 20 million barrels widely recognized by the industry. (CNN)
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice. If you find any violations, please Click to Report
24H Trending
-
Iranian Foreign Ministry: Iran and the U.S. Reach Agreement
-
Binance Seven U-denominated perpetual contracts, including LRCX and KLAC, will be launched
-
Gate's Stock Contracts Section Launches Trading for 8 Perpetual Contracts, Including ADSK (Autodesk) and BKNG (Booking.com Holdings)
-
Learn More About the ALTHEA Token (ALTH) and Its Decentralized Network
-
Morgan Stanley Updates Ethereum and Solana ETF Filings, Proposing a 0.14% Fee
-
After going long on crude oil with 10x leverage, the position is showing a paper loss of $1.33 million; a certain address holds CL long positions worth $37.77 million
-
The OKX DEX xStocks Trading Competition is currently underway, with a total prize pool of 300,000 USDC
-
Iranian media report that Iran-U.S. negotiations have resulted in five key points
-
A "smart money" investor bet $320,000 on Argentina to beat Austria in the World Cup group stage
-
Mainland China’s Dogecoin Trading Platform: Current Status—Regulatory Policies and Global Mainstream Options
Recommended Reading




