Fatih Birol, Executive Director of the International Energy Agency (IEA) (left) and His Excellency Mohammad Sanusi Barkindo, Secretary General of OPEC
According to Fatih Birol, Executive Director of the International Energy Agency (IEA), the United States is positioned to “put its stamp” on global oil markets for the next five years. Speaking in a session titled “Oil Markets: As the world turns” at CERAWeek by IHS Markit, held recently in Houston, Texas, Birol added the weak global investment picture remains “a source of concern,” with more investments required to make up for declining oil fields while simultaneously meeting “robust demand growth.”
His Excellency Mohammad Sanusi Barkindo Secretary General of OPEC joined Birol in the discussion titled “Oil Markets: As the world turns.” Dr. Daniel Yergin, Vice Chairman, IHS Markit and Chairman of CERAWeek, moderated the session.
Read this article in its entirety in the May issue of BIC Magazine.