Made in Germany | Speculation behind the price of oil?
387 views · Published 20 June 2008 · 4:00 · Indexed 17 October 2026
Channel: DW News · 2008 · People & Blogs
The price of crude breaks one record after another, and producer nations say they're not to blame. Saudi Arabia's oil minister called the price spikes unjustified and attributed them to speculation on futures markets. Some analysts still insist that the price is mainly a function of supply and demand. Made In Germany sent its reporters throughout the world to get the opinions of fund managers and traders. Jens Korte checks out the mood at New York's NYMEX commodities exchange, Christoph Wanner speaks with Moscow investment consultants and Grit Hoffman is on the street in Frankfurt and Berlin.
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