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Oil speculator debate resurfaces

Posted on 29 January 2009

From FT Alphaville: It was the hot topic of last summer (when oil prices were racing to record highs), but the debate over whether speculators are really to blame for oil’s volatily has somewhat fallen off the agenda since the price of crude came crashing down.

Opec, of course, have always maintained it was indeed the speculators’ fault (not theirs). Unsurprisingly, perhaps, it is Opec secretary general, Abdalla el-Badri, who is planning to revive the debate at Davos this week. …. Full Article: Source


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