How hedge funds influence oil and gas markets

special report: energy

There has been an increasing focus in the business press in recent months on participation by hedge funds in commodity markets. Media attention developed because of complaints from a small number of companies concerned about substantial price volatility for energy commodities, such as natural gas.

The companies suggest that the volatility is somehow attributable to the trading activity of hedge funds - an accusation that is without either the analysis or the facts to support it.

The New York M