Sheela Tobben and Lucia Kassai

Government, Business, Fuel

Key US Oil Storage Hub Seen Depleting as Producers Hold Tight

Pipelines run toward oil storage tanks in Cushing, Okla. (Daniel Acker/Bloomberg News) Pipelines run toward oil storage tanks in Cushing, Okla. (Daniel Acker/Bloomberg News)

Crude oil inventories in America’s largest storage hub are falling fast as the post-pandemic demand rebound continues to outpace production.

June 24, 2021