This statistic outlines the average cost to produce one barrel of oil in leading oil producing countries worldwide in 2015, by country and by expenditure. In that year, Kuwait had the lowest production costs per barrel of oil, at a total cost of 8.5 U.S. dollars per barrel of oil. Of that total cost, 3.7 U.S. dollars was capital expenditure costs, while the remaining 4.8 U.S. dollars was from operational expenditures.
Average cost to produce one barrel of oil in top oil producing countries worldwide in 2015 (in U.S. dollars per barrel)
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CNNMoney. (November 23, 2015). Average cost to produce one barrel of oil in top oil producing countries worldwide in 2015 (in U.S. dollars per barrel) [Graph]. In Statista. Retrieved June 10, 2024, from https://www.statista.com/statistics/597669/cost-breakdown-of-producing-one-barrel-of-oil-in-the-worlds-leading-oil-producing-countries/
CNNMoney. "Average cost to produce one barrel of oil in top oil producing countries worldwide in 2015 (in U.S. dollars per barrel)." Chart. November 23, 2015. Statista. Accessed June 10, 2024. https://www.statista.com/statistics/597669/cost-breakdown-of-producing-one-barrel-of-oil-in-the-worlds-leading-oil-producing-countries/
CNNMoney. (2015). Average cost to produce one barrel of oil in top oil producing countries worldwide in 2015 (in U.S. dollars per barrel). Statista. Statista Inc.. Accessed: June 10, 2024. https://www.statista.com/statistics/597669/cost-breakdown-of-producing-one-barrel-of-oil-in-the-worlds-leading-oil-producing-countries/
CNNMoney. "Average Cost to Produce One Barrel of Oil in Top Oil Producing Countries Worldwide in 2015 (in U.S. Dollars per Barrel)." Statista, Statista Inc., 23 Nov 2015, https://www.statista.com/statistics/597669/cost-breakdown-of-producing-one-barrel-of-oil-in-the-worlds-leading-oil-producing-countries/
CNNMoney, Average cost to produce one barrel of oil in top oil producing countries worldwide in 2015 (in U.S. dollars per barrel) Statista, https://www.statista.com/statistics/597669/cost-breakdown-of-producing-one-barrel-of-oil-in-the-worlds-leading-oil-producing-countries/ (last visited June 10, 2024)
Average cost to produce one barrel of oil in top oil producing countries worldwide in 2015 (in U.S. dollars per barrel) [Graph], CNNMoney, November 23, 2015. [Online]. Available: https://www.statista.com/statistics/597669/cost-breakdown-of-producing-one-barrel-of-oil-in-the-worlds-leading-oil-producing-countries/