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Posted November 3, 2026

Global refinery inputs fell sharply in the second quarter of 2026 before modest recovery ›

Quarterly changes in global crude oil inputs to refineries (2025-2026)

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.

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