Preheat oven to 350 degrees F. Spray two loaf pans well with nonstick spray. Set aside
In a large bowl, whisk together oil, eggs, water, pumpkin and sugar. Once well combined, add dry ingredients and fold until the batter just comes together.
Divide batter evenly among the prepared loaf pans. Bake in preheated oven for about an hour. Check center with toothpick or skewer to make sure they are cooked through.