energia

During this roundtable session, a number of factors were identified as contributing to the volatility in energy, agricultural commodity and food prices, including: the significant increase in demand from the major emerging countries, speculation in derivatives markets (and, more generally, the growing importance of the financial – as opposed to the real – economy), the management of energy production by many governments according to political criteria, and the increasing correlation between the (historically high) volatility of oil prices and that of other commodity prices.