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Latest value: 2.94 million b/d for September 2026, +5.78 points from a year earlier (against September 2025). 201 monthly observations from January 2010 to September 2026, in million barrels a day. EIA Short-Term Energy Outlook forecast (released October 2026): −5.16 million b/d for December 2027; the figures above are history only. Source: EIA Oil (EIA route); context series, not an input to the Nowflation CPI Gauge.
| Period | Value |
|---|---|
| September 2026 | 2.94 million b/d |
| August 2026 | 2.97 million b/d |
| July 2026 | −0.27 million b/d |
| June 2026 | 2.16 million b/d |
| May 2026 | 4.42 million b/d |
| April 2026 | 4.04 million b/d |
| March 2026 | 5.21 million b/d |
| February 2026 | −4.33 million b/d |
| January 2026 | −3.59 million b/d |
| December 2025 | −1.79 million b/d |
| November 2025 | −4.18 million b/d |
| October 2025 | −4.01 million b/d |
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Cite: Nowflation, “STEO — World net inventory withdrawals (crude+products)” (eia_steo_t3_stchange_world), data from EIA Oil, retrieved October 18, 2026, https://nowflation.com/series/eia_steo_t3_stchange_world. The series at its source: EIA Oil.
STEO — World petroleum production · STEO — World liquid fuels consumption · STEO — Non-OPEC petroleum production · STEO — OPEC crude oil production
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