# Cushing oil hub's low levels spur quality, operational, price worries

> Crude stocks at Cushing, Oklahoma, the delivery point for U.S. futures, are falling toward operational minimum levels. Brent traded near $94 and WTI above $90 on strong global demand. Concerns are growing about the quality of remaining oil and whether storage can keep supplying the market.

- Date: 2023-09-26 · published 2023-09-26T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/34278-cushing-oil-hub-s-low-levels-spur-quality-operational-price-worries
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Low Cushing inventories compound the supply tightness from OPEC+ cuts and could push prices higher if drawdowns continue. Physical delivery constraints can also widen spreads and add volatility.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/cushing-oil-hubs-low-levels-spur-quality-operational-price-worries-2023-09-26/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.