"By underinvesting, we are actually endangering energy security," Haitham Al-Ghais told CNN on Monday. : If the global economy wants to avoid spiking energy prices, oil industry investments need to substantially pick up, OPEC Secretary-General Haitham Al-Ghais told CNN. Through 2045, the industry will require at least $12 trillion in investments to avoid potentially costlier crude, he said. "By underinvesting, we are actually endangering energy security," he said on Monday, speaking on the sidelines of the ADIPEC energy conference. "I think there are serious possibilities that prices, the volatility, will be increasing as demand grows."