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FX.co ★ U.S. Cushing Crude Oil Stocks Decline to 1.611M Barrels, Extending Drawdown Trend

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typeContent_19130:::2026-08-12T14:30:00

U.S. Cushing Crude Oil Stocks Decline to 1.611M Barrels, Extending Drawdown Trend

U.S. crude oil inventories at Cushing, Oklahoma fell to 1.611 million barrels, down from a previous level of 2.356 million barrels, according to data updated on 12 August 2026. The latest reading signals a continued drawdown at the key storage and delivery hub for U.S. benchmark West Texas Intermediate (WTI) futures.

The reduction in Cushing stocks may reflect tighter physical supply conditions or shifting flows across the U.S. oil infrastructure. While the data alone do not reveal the underlying drivers, market participants often monitor Cushing levels closely for indications of potential pressure on WTI pricing and regional refinery feedstock availability.

With inventories moving lower from the prior 2.356M to 1.611M, traders and analysts are likely to watch upcoming weekly data to assess whether this draw is an isolated move or the start of a more persistent tightening trend at the U.S. oil benchmark’s primary storage hub.

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