Inland Crude Prices Remain Weaker Than Cushing

April 21, 2020
Print Friendly, PDF & Email

Spot crude oil prices in the Bakken and Rockies lag behind Cushing, Midland, and Houston.

The chart below shows various regional crude prices through April 21. 

Rockies and Bakken prices were the first to show extreme weakness during March 2020. Those two remain depressed versus Cushing.

Early 2020: Houston and Midland traded above Cushing, while interior U.S. crudes were at a small discount.
As prices came down, all non-Cushing prices weakened more.
Bakken and Guernsey (WY) spot prices remain weaker than those downstream.

The latest forward curves for these locations are always available on AEGIS Flow as part of our online hedge-management platform.

We continue to monitor oil, gas, NGLs, and regional markets for hedging opportunities. To learn more and see AEGIS opinion and recommendations, go to AEGIS View publications, or contact Like what you see? Share this article with the button on the bottom right of your desktop. Market questions or comments? Contact us at

Back to AEGIS Market Summary beta blog

NOTICE: The content of this report is provided for information purposes only and has been prepared to describe current trends in the commodities markets. This information does not constitute either investment or hedging advice and is intended only for AEGIS clients. If you are not the intended recipient of this report, then you may not disclose, print, copy or disseminate this information. Otherwise, if you have received this transmission in error, then please notify the sender and delete the report.

Access Our Deeper Market Insights

Product Factor Matrix

Proprietary view of priced-in factors driving the market vs. potential bullish and bearish surprises.

Learn More

Trading Recommendations

Clear trading recommendations based on real market opportunities that enable clients to take action.

Learn More

Market Data

A comprehensive suite of the latest curves, spot pricing, settles, and strips to drive confident hedging decisions.

Learn More

Benchmarking and Trade Analytics

Real-time access to analyze your hedging strategy against AEGIS benchmarks and current market activity.

Learn More