Friday, May 17, 2013

Platts in lockdown as investigators continue oil probe





European anti-trust investigators searched the offices of price agency Platts and at least one major oil company for a third day on Thursday, hunting for evidence of possible price manipulation on oil markets, witnesses said.


Authorities raided the London bureau of Platts in Canary Wharf and the offices of Statoil, Royal Dutch Shell and BP on Tuesday in the biggest trading probe since the Libor scandal.









via Business feed http://www.scmp.com/business/companies/article/1239637/platts-lockdown-investigators-continue-oil-probe

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