Re: Only VW?
Hedge funds have long gone from simple hedging into clever strategies for market manipulation. That's because there are now too many hedge funds for simple hedging to be possible.
When the difference between supply and demand is small, hedge funds buy up oil futures thus creating a future shortage which drives up the price. Then they sell those futures at a profit, locking in their gains.
That's as much as I'm going to tell you, as the textbook on hedging was bloody expensive and you can pay to read all the details for yourself.