Handelsblatt

In an interview with handelsblatt.com Nicolas Koch explains why conventional supply and demand fundamentals cannot adequately explain the simultaneous occurrence of extreme events in several energy markets.

09.04.2014

Handelsblatt coverage

Nicolas Koch, researcher at the working group Resources and International trade at the Mercator Research Institute on Global Commons and Climate Change (MCC) explains in an interview with handelsblatt.com, that the speculative demand from financial investors is a contributing factor of extreme price changes in the energy commodity markets. Further, conventional supply and demand fundamentals cannot adequately explain the simultaneous occurrence of extreme events in several energy markets. “Price spikes on the energy commodity markets go hand in hand with massive hedge fund purchases, and price dips with massive hedge fund sales”, Koch says.

 

Here you can access the Handelsblatt acticle.

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