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New oil market regulations canned following opposition

Posted on 26 September 2012

The International Energy Agency and OPEC are natural rivals when it comes to oil policy. But the two international organizations were on the same page recently when it came to one thing: ensuring that new regulations on the oil market don’t come to pass.
That’s the rub from a Financial Times report that shows how a strange-bedfellows coalition that also included oil giants Shell and Total put the kibosh on proposed new regulations on oil-price agencies like Platts and Petroleum Argus………………………………………..Full Article: Source


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