The invention discloses washable stamping and drawing oil. The washable stamping and drawing oil is prepared from the following components in percentage by weight: 10 to 15 percent of base oil 150SN, 5 to 10 percent of high-viscosity self-emulsified ester, 3 to 5 percent of vulcanized aliphatic acid ester, 1 to 3 percent of sulfurized olefin, 30 to 40 percent of chlorinated paraffin, 1 to 5 percent of phosphate, 1 to 5 percent of calcium petroleum sulfonate, 5 to 15 percent of sodium petroleum sulfonate, 1 to 5 percent of tall oil fatty acid, 1 to 5 percent of iso-tridecanol polyoxyethylene ether, 1 to 5 percent of organic alcohol ether, 1 to 5 percent of pH buffering agent and 1 percent of corrosion inhibitor. The performance of the washable stamping and drawing oil disclosed by the invention can completely meet the service demand of a stamping and drawing process; the washable stamping and drawing oil can successfully replace the current pure oil type stamping and drawing oil and is easy to clean.