Swisse Handelszeitung

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 the Swisse Handelszeitung, 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. "The financial markets are now targeting commodities as investment markets. In this way, an incredible amount of capital is pumped into the market," Koch says.

Here you can access the Handelszeitung acticle.