Dossier
Cushing, Oklahoma
Coverage of Cushing, Oklahoma in the Nexus archive.
- Hedge Funds Piled Into Bearish Oil Bets Ahead of US-Iran MOU
Hedge funds increased bearish oil bets ahead of a US-Iran Memorandum of Understanding (MOU). US crude oil storage in Cushing, Oklahoma, has fallen to its lowest level since 2014 due to surging exports during the Iran war.
- Dwindling US Oil Inventories Are a Warning to Global Markets
Dwindling US oil inventories are signaling a potential shift in global markets. The rapid inventory growth at the main U.S. hub may be slowing, which could reduce concerns about storage capacity strain.