17.03.2011 - Exchanges defend speculation amid oil price surge
From Reuters: Two top energy market operators redoubled their defense of speculators on Wednesday amid renewed concerns in the oil market, arguing that speculators are misunderstood and often too quickly blamed for price spikes. The chief executive of CME Group Inc, Craig Donohue, and IntercontinentalExchange Inc CEO Jeffrey Sprecher, at an industry conference here, waded back into a debate that intensified as unrest in the Middle East sent prices surging..............................................Full Article: Source
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