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 May 11, 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 May 11, 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: May 11, 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 May 11, 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/