Source: https://mochatrade.com/learn/glossary/cushing

# Cushing
URL: https://mochatrade.com/learn/glossary/cushing
Last modified: 2026-10-17

Cushing, Oklahoma is the pipeline and tank hub where WTI is delivered, so WTI depends on storage there. When Cushing filled in April 2020 the expiring contract went below zero. [Storage is the shock absorber](https://mochatrade.com/learn), and [US tanks sitting near normal](https://mochatrade.com/blog/crude-oil-war-and-slippery-slopes) ruled storage out as the 2026 driver.

## Related terms

- Crude oil (WTI vs Brent): https://mochatrade.com/learn/glossary/crude-oil
- Contango and backwardation: https://mochatrade.com/learn/glossary/contango-and-backwardation
- Oil risk premium: https://mochatrade.com/learn/glossary/oil-risk-premium
- Crack spread: https://mochatrade.com/learn/glossary/crack-spread
- Hedging: https://mochatrade.com/learn/glossary/hedging
- 52-week high and low: https://mochatrade.com/learn/glossary/52-week-high-and-low

Educational content only. Not investment advice. Leveraged products magnify losses as well as gains.