This statistic shows the change in the global oil production capital expenditure (capex) between 2014 and 2021, by region. During that period of time, it is projected that the Middle East will be the only region to have a positive change in the capex on oil production, at an expected four billion U.S. dollars.
Change in capital expenditure on oil production worldwide between 2014 and 2021, by region
(in billion U.S. dollars)
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McKinsey & Company. (August 22, 2016). Change in capital expenditure on oil production worldwide between 2014 and 2021, by region (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/728845/global-oil-production-capex-change-by-region/
McKinsey & Company. "Change in capital expenditure on oil production worldwide between 2014 and 2021, by region (in billion U.S. dollars)." Chart. August 22, 2016. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/728845/global-oil-production-capex-change-by-region/
McKinsey & Company. (2016). Change in capital expenditure on oil production worldwide between 2014 and 2021, by region (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/728845/global-oil-production-capex-change-by-region/
McKinsey & Company. "Change in Capital Expenditure on Oil Production Worldwide between 2014 and 2021, by Region (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Aug 2016, https://www.statista.com/statistics/728845/global-oil-production-capex-change-by-region/
McKinsey & Company, Change in capital expenditure on oil production worldwide between 2014 and 2021, by region (in billion U.S. dollars) Statista, https://www.statista.com/statistics/728845/global-oil-production-capex-change-by-region/ (last visited November 21, 2024)
Change in capital expenditure on oil production worldwide between 2014 and 2021, by region (in billion U.S. dollars) [Graph], McKinsey & Company, August 22, 2016. [Online]. Available: https://www.statista.com/statistics/728845/global-oil-production-capex-change-by-region/