Cushing, OK Crude Oil Stocks is at a current level of 44.46M, up from 42.95M last week and up from 28.63M one year ago. This is a change of 3.51% from last week and 55.30% from one year ago. Crude oil inventories at Cushing ticked up slightly to 36 million barrels for the week ending on April 6, but still hovered near lows not seen in several years. Throughout the oil market downturn that began in 2014 and lasted through much of 2017, inventories at Cushing bounced around roughly between 50 Cushing, a small town of seven thousand in the middle of Oklahoma, used to be an oil town with several refineries. After a decline in oil production, its centralized location, and dozens of new pipelines have transitioned the town into a good location to store oil. Today, it is the largest crude oil storage hub in