FX.co ★ Cushing Crude Oil Inventories Surpass Expectations, Doubling to 1.478M Barrels

In a significant update for energy markets, the U.S. Cushing crude oil inventories surged past expectations, reaching 1.478 million barrels, as reported on January 22, 2026. This marks a notable increase from the previous tally of 0.745 million barrels.

The Cushing, Oklahoma hub is a critical site as it serves as a major storage and price settlement point for West Texas Intermediate (WTI) crude oil on the New York Mercantile Exchange. The growth in inventories may indicate a variety of trends within the oil sector, ranging from fluctuations in demand and supply to potential strategic reserves adjustments.

Market analysts are keeping a watchful eye on these developments, as the growing stock may influence oil prices and trading strategies in the weeks ahead. The doubled inventory levels underscore the dynamic nature of crude oil stocks and hint at broader economic implications that could ripple across global energy markets.