Cushing crude inventories just hit 543K, down from the prior week's 707K. That's a pretty sharp drop—164K barrels fewer than expected. What does this mean for markets? Tighter supply signals could support oil prices, which typically filters through to risk appetite and liquidity conditions across digital assets. Traders watching macro flows should keep an eye on this trend. Weekly drawdowns like this can shift sentiment in both traditional and crypto markets.
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OnchainHolmes
· 21h ago
Cushing inventory plummeted by 164K? This wave of oil prices is about to take off, on-chain funds should have already started accumulating.
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ImpermanentPhilosopher
· 21h ago
Oil inventories plummet, are the bulls about to get excited?
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LightningClicker
· 21h ago
Cushing inventory plummets, so oil prices should rise... Does this have anything to do with our crypto circle?
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BlindBoxVictim
· 21h ago
Cushing crude oil inventories are plunging again? Is this wave real or just data noise? I can't be sure.
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MoodFollowsPrice
· 21h ago
Cushing crude oil inventories are acting up again. How long can this decline last?
Cushing crude inventories just hit 543K, down from the prior week's 707K. That's a pretty sharp drop—164K barrels fewer than expected. What does this mean for markets? Tighter supply signals could support oil prices, which typically filters through to risk appetite and liquidity conditions across digital assets. Traders watching macro flows should keep an eye on this trend. Weekly drawdowns like this can shift sentiment in both traditional and crypto markets.