RSS feed source: US Energy Information Administration

In-brief analysis

November 3, 2026

Data source: Kpler
Note: 2Q2025=second quarter of 2025

Global crude oil refinery inputs fell by 4.8 million barrels per day (b/d) in the second quarter of 2026 (2Q26), or 6%, following the start of conflict in late February in the Middle East, according to data from Kpler. Throughput then increased by 1.8 million b/d in the third quarter, primarily as refiners in the region adjusted to new trade flows.

Crude oil inputs to refineries typically increase in the second and third quarters of the year as refiners complete planned maintenance and gear up to meet peak seasonal demand for refined products, such as gasoline and jet fuel. Global crude oil inputs increased by 0.3 million b/d in the second quarter of 2025 and by another 2 million b/d in the

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