U.S. crude oil inventories at Cushing just ticked up to 745K barrels, beating the prior reading of 728K. That's a 17K increase week-over-week. Oil storage levels like these can ripple through commodity markets and broader macro sentiment, which historically doesn't escape the attention of traders eyeing crypto exposure during inflationary cycles.
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U.S. crude oil inventories at Cushing just ticked up to 745K barrels, beating the prior reading of 728K. That's a 17K increase week-over-week. Oil storage levels like these can ripple through commodity markets and broader macro sentiment, which historically doesn't escape the attention of traders eyeing crypto exposure during inflationary cycles.