Cushing oil hub

E364311

The Cushing oil hub is a major U.S. crude oil storage and pipeline crossroads in Oklahoma that serves as the primary delivery and pricing point for West Texas Intermediate (WTI) oil.

All labels observed (5)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf oil storage hub
pipeline transportation hub
associatedWithCommodity West Texas Intermediate (WTI) light sweet crude oil
surface form: West Texas Intermediate crude oil

light sweet crude oil
connectedBy crude oil pipelines
connectedTo Canadian crude oil pipeline systems
Gulf Coast refining centers
Midwest refineries
Permian Basin
surface form: Permian Basin production region
country United States of America
surface form: United States
dataReportedBy Office of Energy Information and Analysis
surface form: U.S. Energy Information Administration
dataType weekly crude oil inventory levels
economicImportance influences global oil prices
key node in North American crude oil logistics
hasFeature interconnected storage facilities
multiple inbound crude oil pipelines
multiple outbound crude oil pipelines
hasInfrastructure large above-ground crude oil storage tanks
metering stations
pipeline manifolds
pump stations
hasRole benchmark pricing hub for U.S. crude oil
logistical hub between inland production and coastal refining markets
reference point for global crude oil pricing
impact inventory changes can affect WTI futures prices
storage levels are monitored by oil market participants
knownAs Cushing oil hub
surface form: Cushing pipeline hub

Cushing oil hub
surface form: Cushing storage hub

Cushing, Oklahoma
surface form: Cushing, Oklahoma oil hub
locatedIn Cushing, Oklahoma
Mid-Continent oil field
surface form: Midcontinent oil region

Oklahoma
Payne County, Oklahoma NERFINISHED
United States Midwest oil market
partOf North American crude oil infrastructure
U.S. crude oil pipeline network
primaryFunction crude oil storage
crude oil transportation
physical delivery point for crude oil contracts
pipeline interconnection
regulator Office of Energy Information and Analysis
surface form: U.S. Energy Information Administration
servesAs pricing point for West Texas Intermediate crude oil
primary delivery point for West Texas Intermediate crude oil futures
settlement point for NYMEX WTI futures contracts
timeZone Central Time Zone
usedFor balancing regional crude oil supply and demand
physical settlement of WTI futures contracts
short-term crude oil storage

How these facts were elicited

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

WTI crude oil futures storageHub Cushing oil hub
Oil Capital of the World significantEvent Cushing oil hub
this entity surface form: Cushing-Tulsa pipeline development
Cushing, Oklahoma partOf Cushing oil hub
this entity surface form: U.S. midcontinent oil market
Cushing oil hub knownAs Cushing oil hub
this entity surface form: Cushing storage hub
Cushing oil hub knownAs Cushing oil hub
this entity surface form: Cushing pipeline hub