Global crude oil refinery inputs fell sharply by 4.8 million barrels per day (b/d) in the second quarter of 2026, a 6% decrease attributed to conflict in the Middle East. However, inputs increased by 1.8 million b/d in the third quarter as refiners adjusted to new trade flows. Notably, inputs in China dropped by 2.1 million b/d in 2Q26, while the U.S. saw an increase of 0.5 million b/d in both quarters. Despite the recovery, inputs remained about 5% lower than the same period in 2025.