If it comes true, this will be the first time in two decades we will see oil investments declining for two consecutive years and may be an indication for future oil markets.

Fatih Birol

Fatih Birol is a Turkish economist. Currently, he is the Chief Economist and Director of Global Energy Economics at the International Energy Agency in Paris. In February 2015, Dr. Fatih Birol has been elected by consensus of all 29 member states to the position of Executive Director of International Energy Agency. He is responsible for the IEA’s flagship World Energy Outlook publication, which is recognised as the most authoritative source for strategic analysis of global energy markets. He is founder and chair of the IEA Energy Business Council which provides a forum for cooperation between the energy industry and policymakers. Birol has been named by Forbes magazine among the most powerful people in terms of influence on the world’s energy scene. He is the Chairman of the World Economic Forum Energy Advisory Board and a member of the UN Secretary-General's 'High-level Group on Sustainable Energy for All.' He is a frequent contributor to print and electronic media and delivers numerous speeches each year at major international summits and conferences.

All Fatih Birol quotes | Fatih Birol Books