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

Cushing holds above 22 million, and our 6 September read edges higher.

Tanks at the WTI delivery point closed the week at 22.5 million barrels, a build of 0.1 million that leaves the hub 2.5 million above the level the trade treats as tank bottoms. Our 6 September satellite read has it at 22.7 million.

EIA print published 2 September 2026 · Read written 7 September 2026. Figures as published that week.
Crude in tank
22.5 M bbl
Week ending 28 Aug 2026
Change on the week
+0.1 M bbl
Second build in a row
Tanks filled
23.0%
Of 98 million bbl capacity
Against tank bottoms
+2.5 M bbl
Floor taken at 20 million
Our satellite read, as published that week
We measure 22.7 million barrels in tank on 6 September: 23.2% of capacity, and 0.2 million above the 28 August print. That pass falls inside the week ending 11 September, which the EIA publishes on 16 September. The print before it, for the week ending 4 September, lands on Thursday 10 September, a day late for Labor Day. Our 25 August read had put the hub at 20.7 million; the 28 August print came in 1.8 million above it.
22.7 M bbl
80% band 21.5 to 23.8
Satellite estimate · 6 Sep 2026
Chart of crude oil inventories at Cushing, Oklahoma, weekly over three years to the week ending 28 August 2026: 22.5 million barrels, against a 20 million barrel tank bottoms line, with the Cushing Watch satellite read of 22.7 million on 6 September.
Cushing, Oklahoma crude oil inventories to the week ending 28 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

A flat week, and the read edges higher

Cushing closed the week to 28 August at 22.5 million barrels: a build of 0.1 million on top of the 1.2 million of the week before, and 2.5 million above the 20 million level the trade treats as unpumpable heel. The week to 24 July printed 18.6 million, the lowest weekly reading since at least 2018. Ten weeks ago, in the week to 19 June, the hub held 19.0 million barrels.

The official series has been chopping in a range since it crossed back above that line. Our 6 September read is 22.7 million, 0.2 million over the 28 August print, which points to a flat to slightly higher week ending 4 September. That print lands on Thursday 10 September.