Oil, petroleum products inventories at Cushing Terminal climb record volumes

Oil and petroleum products inventories at the terminal in Cushing, Okla., (USA) have swollen its record levels, Finam reports with reference to an analytical review of UMIS.
 
In eight recent weeks the growing crude inventories in Cushing have gained 30% over the same period last year. That keeps downward pressure on oil and petroleum products prices, the report said.

Source: Port News