Oil Investment: Is the peak behind of ahead of us?
CERAWeek Podcast with Atul Arya · CERAWeek by S&P Global
August 24, 202226m 0s
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Show Notes
Investment in new oil supply was $700 billion in 2014 but spending has been well below since. Global refining capacity also declined in 2020 & 2021. Has upstream and downstream investment reached a peak? Will future spending pay off for investors?