Upstream oil and gas capital expenditure growth
STO-REC-STAT01M2KJT1 Official
-25%
Global · 2016
Upstream oil and gas capital expenditure growth worldwide came in at -25% in 2016 (IEA).
- Publisher
- IEA
- Authority tier
- T1 Official
- Locator
- Upstream investment
- Retrieved
- 15 Sep 2026
- Status
- Verified
What the source says
The recovery from the historic drop-off in investments by 25% in both 2015 and 2016 has barely started.
Verbatim extraction verified: The figure -25% is directly attested in the quoted passage (Upstream investment).
The figure above was extracted from this passage. If it does not match, the extraction is wrong and we want to know.
Cite this figure
Published under CC BY 4.0. Attribute the original publisher; the citations below do that for you and link to this permanent record.
- APA
- International Energy Agency. (2016). Market Report Series: Oil 2018. Retrieved September 15, 2026, from https://www.iea.org/reports/oil-2018. Via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC054GEVGWHB4GWGE06
- MLA
- International Energy Agency. "Market Report Series: Oil 2018." 2016, https://www.iea.org/reports/oil-2018. Accessed 15 Sept. 2026 via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC054GEVGWHB4GWGE06.
- Chicago
- International Energy Agency. "Market Report Series: Oil 2018." 2016. https://www.iea.org/reports/oil-2018. Accessed September 15, 2026. Cited from StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC054GEVGWHB4GWGE06.
- BibTeX
- @misc{iea2016upstreamgwge06, author = {{International Energy Agency}}, title = {Market Report Series: Oil 2018}, year = {2016}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_01M2KJ7XC054GEVGWHB4GWGE06}, note = {Original source: https://www.iea.org/reports/oil-2018. Accessed September 15, 2026.} }
Provenance and verification
Everything needed to check this number yourself, without taking our word for it.
Chain of Custody · Verification Audit
Primary Source
- Publisher
- International Energy Agency · homepage ↗
- Authority tier
- Tier 1 · Multilateral Official
- Report
- Market Report Series: Oil 2018
- Type
- Press release
- Published
- —
- Locator
- Upstream investment
- Retrieved
- 15 September 2026
- Link status
- Reachable (HTTP 200)
- Report licence
- See source
Verification & Integrity
- Audit status
- Verified
- Review protocol
- Editorial review
- Checked on
- 15 September 2026
- Last revision
- 15 September 2026
- Archival URI
- /stat/stat_01M2KJ7XC054GEVGWHB4GWGE06