Low Oil Stocks at Cushing, Okla. Have Outsized Influence on Near-Term Crude Prices

Wall Street Journal // Business // Markets

Low Oil Stocks at Cushing, Okla. Have Outsized Influence on Near-Term Crude Prices

Tuesday 14th January 2025, 5:33PM

Further near-term declines in Cushing stocks would likely put more upward pressure on crude spread — the difference between the front month contract and subsequent months.

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