Oil & Gas Financial Journal: EC raids trading offices of 3 major oil companies amid price-fixing reports

 

May 17, 2013

EC raids trading offices of 3 major oil companies amid price-fixing reports


European Commission investigators recently raided the trading offices of three major oil companies and a price reporting agency amid complaints about price-fixing and collusion in the global crude oil, refined products, and biofuels markets. At issue is the means of settling the markets on a daily basis and how these companies participate in the process.

 

FROM: http://www.ogfj.com/articles/2013/05/ec-raids-trading-offices-of-3-major-oil-companies-amid-price-fix.html?cmpid=EnlOGFJJune122013.html

 

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