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Oil inventory drawdown vs Brent crude oil spot price (year to date)

In 2026, oil inventory drawdown worldwide was 1.7 million barrels per day (forecast); brent crude oil spot price (year to date) was 90 USD (forecast).

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Global, spaced by time in 2026 . Different units, drawn on separate scales and clipped to the years both series publish — earlier history stays on each indicator's own page. Read the values, not the heights.

Oil inventory drawdown

Unit: million barrels per day · 3 observations

Line chart

Forecast: dashed line, hollow markers, shaded band Estimates are listed as such in the table below

Oil inventory drawdownOil inventory drawdown. 3 observations from Q2 2026 to Q4 2026, ranging from 1.7 million barrels per day to 3.9 million barrels per day, of which 2 are forecasts. Latest value 1.7 million barrels per day (Q4 2026). million barrels per day 0 1 2 3 4 2026 Feb 2026 Mar 2026 Apr 2026 May 2026 Jun 2026 Jul 2026 Aug 2026 Sep 2026 Oct 2026 FORECAST 3.9 1.7
Oil inventory drawdownOil inventory drawdown. 3 observations from Q2 2026 to Q4 2026, ranging from 1.7 million barrels per day to 3.9 million barrels per day, of which 2 are forecasts. Latest value 1.7 million barrels per day (Q4 2026). million barrels per day 0 1 2 3 4 2026 Feb 2026 Mar 2026 Apr 2026 May 2026 Jun 2026 Jul 2026 Aug 2026 Sep 2026 Oct 2026 FORECAST 3.9 1.7
Oil inventory drawdownOil inventory drawdown. 3 observations from Q2 2026 to Q4 2026, ranging from 1.7 million barrels per day to 3.9 million barrels per day, of which 2 are forecasts. Latest value 1.7 million barrels per day (Q4 2026). million barrels per day 0 1 2 3 4 Feb 2026 Apr 2026 Jun 2026 Aug 2026 FORECAST 3.9 1.7
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Oil inventory drawdown
Period Type Value
Q2 2026 Estimate 3.9 million barrels per day
Q3 2026 Forecast 3 million barrels per day
Q4 2026 Forecast 1.7 million barrels per day
Source: EIA · CC BY 4.0 · Full series

Brent crude oil spot price (year to date)

Unit: USD · 2 observations

Line chart

Forecast: dashed line, hollow markers, shaded band

Brent crude oil spot price (year to date)Brent crude oil spot price (year to date). 2 observations from 2026 to end of 2026, ranging from 90 USD to 91 USD, of which 2 are forecasts. Latest value 90 USD (end of 2026). USD 0 20 40 60 80 100 2026 Feb 2026 Mar 2026 Apr 2026 May 2026 Jun 2026 Jul 2026 Aug 2026 Sep 2026 Oct 2026 FORECAST 90
Brent crude oil spot price (year to date)Brent crude oil spot price (year to date). 2 observations from 2026 to end of 2026, ranging from 90 USD to 91 USD, of which 2 are forecasts. Latest value 90 USD (end of 2026). USD 0 30 60 90 120 2026 Feb 2026 Mar 2026 Apr 2026 May 2026 Jun 2026 Jul 2026 Aug 2026 Sep 2026 Oct 2026 FORECAST 90
Brent crude oil spot price (year to date)Brent crude oil spot price (year to date). 2 observations from 2026 to end of 2026, ranging from 90 USD to 91 USD, of which 2 are forecasts. Latest value 90 USD (end of 2026). USD 0 30 60 90 120 Feb 2026 Apr 2026 Jun 2026 Aug 2026 FORECAST 90
View the underlying data
Brent crude oil spot price (year to date)
Period Type Value
2026 Forecast 91 USD
end of 2026 Forecast 90 USD
Source: EIA · CC BY 4.0 · Full series

Shared periods

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Only one period is published for both series. Comparing anything else would mean comparing different years.

Period Oil inventory drawdown Brent crude oil spot price (year to date)
2026 1.7 million barrels per day 90 USD

Provenance

Where these numbers come from

Oil inventory drawdown

The average daily reduction in petroleum and other liquids inventories.

3 observations in Global · source organisations: EIA

Brent crude oil spot price (year to date)

Average spot price of Brent crude oil per barrel.

6 observations in Global · source organisations: EIA

Data published under CC BY 4.0. Series A as JSON · Series B as JSON

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