Dr. Bahattin Buyuksahin is the Head of Energy Analysis in the Strategy and Planning Department at Abu Dhabi Investment Authority (ADIA). Prior to ADIA, Dr. Buyuksahin headed research on commodity markets as the Policy Adviser of Commodities at the Bank of Canada. He has over twelve years of experience in financial oil and energy markets covering the spectrum of energy derivatives markets, including financialization of commodities, the impact of financial market participants on energy price formation and volatility, the evolving regulatory framework and its effect on the structure and functioning of both the energy futures and physical markets, as well as the likely cost and benefits of proposed regulations. As a Policy Adviser at the Bank of Canada, he oversaw the Bank’s commodity research team, its monitoring of physical and financial commodity markets, and its maintenance of price projections over short, medium and long term for key commodities.
Prior to the Bank of Canada, he was a Senior Analyst at the International Energy Agency (IEA) between November 2010 and January 2013. He was a regular contributor to the IEA’s Oil Market Report (OMR), which serves as an industry benchmark of recent trends in oil market fundamentals and pricing, and also provides detailed forecasts of supply, demand and refining trends looking 12-18 months ahead. Specifically, he provided critical analysis of developments in oil futures markets and of impacts of regulatory changes (Dodd-Frank Act in the US, REMIT, EMIR, MiFID and MAD in the European Union) on financial markets in general, and financial energy markets in particular. His coverage of energy futures markets is regularly picked up by several news services, including the Wall Street Journal, Financial Times, Bloomberg, Reuters, New York Times, and AFP.
Before the IEA, he was a Senior Econometrician at the Commodity Futures Trading Commission (CFTC) in Washington DC where he provided analytical and policy-related assistance to the Office of the Chief Economist and Office of the Chairman. His research involved issues related to the microstructure of the futures market, price discovery, and the role of speculators in futures markets and commodity index trading, especially in energy markets. He was also on the faculty of the Carey Business School of Johns Hopkins University, where he taught graduate level courses in derivatives, investments and risk management.
Bahattin Buyuksahin holds a Ph.D. in Economics from American University, Washington D.C.