Independent · No affiliation with EIA or CME EIA series W_EPC0_SAX_YCUOK_MBBL · Cushing Watch satellite estimate
Cushing Watch
Weekly crude oil inventories · Cushing, Oklahoma

A second build pulls Cushing further off its 2018 low.

Tanks at the WTI delivery point closed the week at 22.6 million barrels, a second straight build that leaves the hub 2.6 million above the level the trade treats as tank bottoms.

EIA print published 12 August 2026 · Read written 16 August 2026. Figures as published that week.
Crude in tank
22.6 M bbl
Week ending 7 Aug 2026
Change on the week
+1.6 M bbl
Second build in a row
Tanks filled
23.0%
Of 98 million bbl capacity
Against tank bottoms
+2.6 M bbl
Floor taken at 20 million
Our satellite read, as published that week
We measure 22.4 million barrels in tank on 13 August: 22.8% of capacity, and 0.2 million below the 7 August print. That pass falls inside the week ending 14 August, which the EIA publishes on 19 August. Our 1 August read had put the hub at 19.7 million; the 7 August print came in 2.8 million above it.
22.4 M bbl
80% band 21.2 to 23.5
Satellite estimate · 13 Aug 2026
Chart of crude oil inventories at Cushing, Oklahoma, weekly over three years to the week ending 7 August 2026: 22.6 million barrels, against a 20 million barrel tank bottoms line, with the Cushing Watch satellite read of 22.4 million on 13 August.
Cushing, Oklahoma crude oil inventories to the week ending 7 August 2026. Source: U.S. Energy Information Administration; satellite read: Cushing Watch. Free to republish with credit to Cushing Watch and a link to this page. Full-size PNG
The read

Two builds, and the floor is further off

Nine weeks ago Cushing held 21.6 million barrels. It now holds 22.6 million, after builds of 2.4 and 1.6 million in the fortnight to 7 August. The hub sits 2.6 million above the 20 million floor, having been 1.4 million below it a fortnight ago at the series low.

The official series has crossed back above that line twice over. Our 13 August read is 22.4 million, a fraction under the 7 August print and the first number we carry on the week ending 14 August. Whether the build holds is the question for the 19 August print.