B06 · Oil and Gas · Global

Oil inventory drawdown

Global: 3.9 million barrels per day in Q2 2026. EIA projects 1.7 million barrels per day for Q4 2026.

  • 3.9 million barrels per day Latest · Global · Q2 2026
  • Quarterly Release cadence
  • 3 Records · 1 region · 2026

Verified 15 Sep 2026 · 1 publisher · Next period Q3 2026

Over time

Global over time. Forecasts are dashed with hollow markers; the underlying values are one click away under the chart.

Fig 1 · B06 · Global Quarterly

Oil inventory drawdown

Global, Q2 2026 to Q4 2026

3 observations · Q2 2026 to Q4 2026

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 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 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 Apr 2026 May 2026 Jun 2026 Jul 2026 Aug 2026 Sep 2026 Oct 2026 FORECAST 3.9 1.7
View the underlying data
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 · million barrels per day · CC BY 4.0 · statorigin.org

Forecasts are dashed, with hollow markers.

Every record

3 records · 1 region · 2026. Each period links to its record: the value, its source evidence and original document.

Oil inventory drawdown: every record, grouped by region, newest first.
Period Value Source Type
Global 3 records
Q4 2026 1.7 million barrels per day EIA · 31 Dec 2026 forecast
Q3 2026 3 million barrels per day EIA · 30 Sep 2026 forecast
Q2 2026 3.9 million barrels per day EIA · 30 Jun 2026 estimate

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How this measure is built

Definition
The average daily reduction in petroleum and other liquids inventories.
Measure
One slice of Oil inventory drawdown ( form: level ) . Average daily reduction in petroleum and other liquid fuels inventories. Region and period are columns on every record, not slices.
Limitations
2 figures are projections, drawn dashed and labelled in the table. Values are shown as published; StatOrigin does not revise, fill gaps or convert currencies.
Verification
Each value, unit, period and place was checked against its source evidence before publication. See the methodology and the corrections process.

Sources · 1 document

Document Publisher Published Data points
Short-Term Energy Outlook EIA — 3

Frequently asked questions

What is the latest oil inventory drawdown?

Global: 3.9 million barrels per day in Q2 2026. EIA projects 1.7 million barrels per day for Q4 2026.

Where does this data come from?

From 1 document published by EIA. Every figure on this page links to its record, which preserves the original source evidence.

How often is it updated?

Quarterly. The newest published period is Q2 2026; the next release should cover Q3 2026. A new figure appears here once the publisher releases it and it passes verification.

Can I use this data?

Yes. StatOrigin publishes it under CC BY 4.0: you may copy, chart and republish it, including commercially, with attribution to StatOrigin and to the original publisher.

Cite this page

Cite the page as a data set, or open any record to cite one figure: each record carries APA, MLA, Chicago and BibTeX forms that credit the original publisher.

StatOrigin. (2026). Oil inventory drawdown [Data set]. Retrieved October 28, 2026, from https://statorigin.org/indicators/oil-inventory-drawdown

"Oil inventory drawdown." StatOrigin, 2026, https://statorigin.org/indicators/oil-inventory-drawdown. Accessed 28 Oct. 2026.

StatOrigin. "Oil inventory drawdown." Data set, 2026. Accessed October 28, 2026. https://statorigin.org/indicators/oil-inventory-drawdown.

@misc{statorigin_oil_inventory_drawdown_2026, title = {Oil inventory drawdown}, author = {{StatOrigin}}, year = {2026}, url = {https://statorigin.org/indicators/oil-inventory-drawdown}, note = {Data set. Accessed 2026-10-28} }