US Crude Oil Stocks Near Record Lows

Oil storage tanks in Cushing, Oklahoma, a major pipeline crossroads, are reportedly nearly empty, indicating that US crude stocks are close to rock bottom due to global demand.

6 Jun, 04:13 — 6 Jun, 04:13

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Bangkok PostMostly Factual69d ago

US crude stocks close to rock bottom

HOUSTON - In the prairie town that calls itself the pipeline crossroads of the world, 400 oil storage tanks sprawled across Cushing, Oklahoma, are ‌nearly empty, drained by refiners worldwide to plug a massive shortfall in global supplies caused by war in the Middle East.

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US Crude Oil Stocks Near Record Lows

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US crude stocks close to rock bottom

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