{
  "docId": "019dd923-5ca1-7489-b639-3b65434904f2",
  "docSlug": "ea7ac8b0cc24375b",
  "documentTitle": "Global Oil Outlook 2040",
  "authorId": "McKinsey",
  "authorName": "McKinsey",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 5,
  "pageCount": 9,
  "prevPage": 4,
  "nextPage": 6,
  "slideType": "industry_trends",
  "function": "analyze_data",
  "density": "balanced",
  "nDataPoints": 12,
  "notes": "The chart highlights a significant drop in 2021 compared to the pre-COVID trend and a continued gap by 2025.",
  "elementsJson": [
    "headline_text",
    "bar_chart_vertical",
    "line_chart"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5ca1-7489-b639-3b65434904f2/5",
  "deckHref": "/decks/019dd923-5ca1-7489-b639-3b65434904f2",
  "deckJsonHref": "/decks/019dd923-5ca1-7489-b639-3b65434904f2.json",
  "deckAnchorHref": "/decks/019dd923-5ca1-7489-b639-3b65434904f2#slide-5",
  "components": [
    {
      "bbox": {
        "h": 0.55,
        "w": 0.92,
        "x": 0.04,
        "y": 0.35
      },
      "kind": "chart",
      "text": "Bar chart showing annual capital expenditures from 2019 to 2025 with a line representing pre-COVID-19 outlook.",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ef4e9b0f-8282-449e-b5c2-bccd9920089b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.22,
        "x": 0.74,
        "y": 0.2
      },
      "kind": "legend",
      "text": "Pre-COVID-19 outlook; OPEC control",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "622c2001-6105-4ae0-b661-c8f958ee1827",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Capital expenditures: $291bn",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd951-d3be-700b-83e1-321761fd3f09",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.25,
        "x": 0.04,
        "y": 0.95
      },
      "kind": "source-note",
      "text": "Source: Rystad Energy; Energy Insights by McKinsey",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6cc89421-beba-4713-8a86-a76c0c784cf6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.5,
        "x": 0.04,
        "y": 0.19
      },
      "kind": "subtitle",
      "text": "Development and maintenance capital expenditures in crude and condensate production, $ billion",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4d9bf862-66a9-4472-8f17-76924ee8b30b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.92,
        "x": 0.04,
        "y": 0.05
      },
      "kind": "title",
      "text": "Oil investments are expected to gradually recover but remain below the pre-COVID-19 outlook.",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "17331c7a-aeab-49d1-ad97-3d3ecb785c39",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [
    {
      "metricRaw": "Capital expenditures",
      "numberRaw": "$291bn",
      "numberKind": "money",
      "actionTitle": "Oil investments are expected to gradually recover but remain below the pre-COVID-19 outlook.",
      "calloutText": null,
      "numberScale": "b",
      "numberValue": 291,
      "metricFamily": "market_size",
      "numberCurrency": "$"
    }
  ],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 5,
      "from": 4,
      "beatId": "ede274ff-6e2e-4ca8-a75d-d987629a3d60",
      "arcName": "The Sparkline",
      "arcSlug": "sparkline",
      "beatName": "Industry Trends",
      "beatSlug": null,
      "evidence": "The industry trends slides provide context",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": null,
      "parentBeatSlug": null
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}