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Cushing hub could be weeks away from effectively running out of crude

Oct. 21, 2021 7:15 PM ETUnited States Oil Fund, LP ETF (USO), UCODBO, USL, SCO, BNO, USOIBy: Carl Surran, SA News Editor102 Comments

Giant oil storage tanks in Cushing Oklahoma Oil Crossroads of the World where most of the WTI oil in the USA is stored and traded

Susan Vineyard/iStock via Getty Images

  • Stockpiles at the Cushing, Okla., crude oil storage hub - the biggest in the U.S. - are quickly approaching critically low levels, which could push crude prices above current multiyear highs.
  • A Bloomberg analysis explains

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