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Oil Exports Surge, Draining Inventories

Refiners worldwide have drawn down Cushing inventories as war-driven supply losses push the hub’s roughly 400 tanks near empty, Reuters reported.

At the prairie town that calls itself the pipeline crossroads of the world, some 400 oil storage tanks sprawled across Cushing, Oklahoma, are almost empty, drained by refiners worldwide to plug a massive shortfall in global supplies caused by war…
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Montana Standard broke the news on Sunday, June 7, 2026.
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