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BP says Asian regulators probing potential oil-price manipulation

Posted on 07 March 2014

BP PLC said Thursday that regulators in Asia have joined European and U.S. agencies investigating potential manipulation of oil prices.
The U.K. oil company said in its annual report that in June 2013, the Japanese Fair Trade Commission sent an “initial request for information” from BP, and that the Korea Fair Trade Commission “initiated an investigation” in December. In January this year, BP said, the U.S. Commodity Futures Trading Commission also requested documents………………………………………..Full Article: Source


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