7 May 2025 | Oil

United States. Cushing Crude Oil Inventories. The value of the indicator has decreased from 0.682M to -0.74M

A report on this calendar event is released weekly by the Energy Information Administration.

The presented indicator estimates how the number of barrels of crude oil stored in the warehouses of Cushing, Oklahoma, has changed over the reporting period.

Warehouses located in Cushing are important as they are a delivery point for WTI oil, the benchmark for American crude oil.

Comments by the MarketCheese analysts: a decrease of the indicator value may contribute to the rise in quotes of WTI, Brent.

Marketcheese MarketCheese
Period: 30.06.2026 Expectation: 3000 pips
Buy SPX if Producer Price Index stays cool
11 June 2026 81
Period: 11.07.2026 Expectation: 300 pips
Buying ETHUSD up to $1,950
11 June 2026 69
Gold sell
Period: 18.06.2026 Expectation: 1200 pips
Sell gold with $3,980 target during brief rebound
11 June 2026 84
Period: 11.07.2026 Expectation: 1500 pips
Invest in USDJPY ahead of BoJ meeting
11 June 2026 68
Period: 31.07.2026 Expectation: 800 pips
Invest in USDJPY up to 161.50
11 June 2026 53
Period: 31.07.2026 Expectation: 1900 pips
Selling GBPUSD down to 1,3200
11 June 2026 34
Go to forecasts