Cushing storage eia

because that is when the EIA began reporting separately report storage levels at Cushing,. Oklahoma, the delivery point for the NYMEX WTI crude oil futures  6 Mar 2020 million gain in the previous week and compared with market expectations of a 2.266 million gain, according to EIA Petroleum Status Report. 6 Dec 2018 For example, when Ursa Cushing measurements are compared to the Energy Information Administration's (EIA) Cushing numbers, Ursa's have a 99% correlation to storage, with a >85% accurate build/draw prediction.

After increasing for 15 consecutive weeks, crude oil storage at Cushing, Oklahoma, reached 54.4 million barrels on March 13, according to EIA's Weekly Petroleum Status Report. This volume is the highest on record, but not the highest percent of storage utilization, as working storage capacity at Cushing has also increased over time. The U.S. Gulf Coast region contains 55% of the nation's crude oil storage capacity, and Cushing contains another 13%. As of the week ending November 27, these two locations contained 67% of the nation's crude oil inventories. They are also home to most of the growth in crude oil storage capacity over the past four and a half years. Cushing Oil Storage Measurements Two Days Before EIA Estimates We directly monitor every tank at the Cushing storage hub to provide accurate storage data As the delivery point for the NYMEX Light Sweet Crude (WTI) contract, Cushing is the focal point of the most actively traded crude oil contract in the world. The Mid-Continent trading and storage hub at Cushing, OK is the nation’s largest commercial crude tank farm – with an estimated 73 MMBbl of working storage capacity according to the Energy Information Administration (EIA). Energy Information Administration - EIA - Official Energy Statistics from the U.S. Government Today in Energy. Crude oil storage at Cushing, but not storage capacity utilization rate, at record level. March 4, 2015

Cushing Inventory Report. Using sophisticated aerial cameras and photogrammetric techniques we make measurements of the fluid levels in oil tanks at Cushing, OK.* We capture on Fridays mornings and delivery you the data at 9:00 am ET on Monday - weather permitting. This is 2 days faster than the EIA.

18 Sep 2017 Cushing is the largest storage hub in the United States. The EIA also estimates that US crude oil inventories rose by 5.8 MMbbls (million  9 Apr 2019 WTI Midland prices are now similar to WTI Cushing, suggesting the previous Although, EIA expects that growing Permian production could face use the Cushing crude oil storage hub for operating inventories and some  11 Oct 2013 “Genscape is also preparing to backstop the EIA Weekly Cushing Oil Storage Report, as well as the USDA corn crop yield forecast,” the  1 Feb 2019 The EIA reported that domestic crude storage edged up by 900,000 barrels for Current WTI (Cushing) prices are still US$15/barrel lower than 

18 Mar 2015 EIA's inventory report shows crude supplies in Cushing, Okla., The EIA said in September that Cushing's working storage capacity was 70.8 

11 Oct 2013 “Genscape is also preparing to backstop the EIA Weekly Cushing Oil Storage Report, as well as the USDA corn crop yield forecast,” the  1 Feb 2019 The EIA reported that domestic crude storage edged up by 900,000 barrels for Current WTI (Cushing) prices are still US$15/barrel lower than  -No Data Reported; --= Not Applicable; NA = Not Available; W = Withheld to avoid disclosure of individual company data. Notes: Stocks include those domestic and Customs-cleared foreign stocks held at, or in transit to, refineries and bulk terminals, and stocks in pipelines. Stocks held at natural gas processing plants are included in "Other Oils" and in totals. After increasing for 15 consecutive weeks, crude oil storage at Cushing, Oklahoma, reached 54.4 million barrels on March 13, according to EIA's Weekly Petroleum Status Report. This volume is the highest on record, but not the highest percent of storage utilization, as working storage capacity at Cushing has also increased over time. The U.S. Gulf Coast region contains 55% of the nation's crude oil storage capacity, and Cushing contains another 13%. As of the week ending November 27, these two locations contained 67% of the nation's crude oil inventories. They are also home to most of the growth in crude oil storage capacity over the past four and a half years.

Cushing Oil Storage Measurements Two Days Before EIA Estimates We directly monitor every tank at the Cushing storage hub to provide accurate storage data As the delivery point for the NYMEX Light Sweet Crude (WTI) contract, Cushing is the focal point of the most actively traded crude oil contract in the world.

and Analysis 7. Figure 2: Producing U.S. Oil and Natural Gas Wells (EIA 2014) . Figure 32: Crude Oil Storage Facilities in Cushing, Oklahoma .

27 Dec 2018 EIA requests a three-year extension with changes for the Petroleum Supply Reporting Separate reporting of crude oil stocks at Cushing, Oklahoma that are The current requirement for operators of product storage and 

Orbital Insight Global Oil Storage leverages commercial satellite imagery, of Orbital Insight's and EIA's estimates of crude oil storage in Cushing, OK. Sampling  26 Feb 2020 Cushing. Crude oil prices inched higher on Wednesday morning after The EIA said that at 443.3 million barrels, crude oil inventories were  Fact: Both API and EIA publish extremely accurate estimates every week. In fact – when looking at recent data for Crude, Gasoline, and Distillate stocks – the  because that is when the EIA began reporting separately report storage levels at Cushing,. Oklahoma, the delivery point for the NYMEX WTI crude oil futures  6 Mar 2020 million gain in the previous week and compared with market expectations of a 2.266 million gain, according to EIA Petroleum Status Report.

26 Feb 2020 Cushing. Crude oil prices inched higher on Wednesday morning after The EIA said that at 443.3 million barrels, crude oil inventories were