As their rise continues, the oil and gas industry’s portfolios will be more heavily weighted toward short-term investments.
Now, the industry’s capital expenditure budgets are on the rebound.
The oil and gas industry’s capital expenditure
budgets fell after oil prices plunged.
197
182
163
137
109
138
209
208
589
467
393
368
363
428
527
543
2020
2019
2018
2017
2016
2015
2014
2013
566
751
736
472
505
556
649
786
-37%
$US BILLIONS
North America
Rest of World
+56%
+7%
