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 ** 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 ÌÇÐÄÆƽâ°æ. Retrieved July 30, 2026, from /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. ÌÇÐÄÆƽâ°æ. Accessed July 30, 2026. /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). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 30, 2026. /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)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 22 Aug 2016, /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) ÌÇÐÄÆƽâ°æ, /statistics/728845/global-oil-production-capex-change-by-region/ (last visited July 30, 2026)
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: /statistics/728845/global-oil-production-capex-change-by-region/
