European probe into oil price-fixing widens to Finland
A probe by the European Commission into possible manipulation of oil prices has just gotten bigger. Neste Oil Oyj, Finland’s only refiner, has also been asked to help with the investigation. Earlier this week, EU officials raided the offices of three of Europe’s biggest oil companies — BP, Shell and Statoil — and the oil price reporting company Platts, part of McGraw Hill Financial. So far, only Statoil has responded to the allegations, saying it has done nothing illegal.
From London, Marketplace’s Stephen Beard has the latest on the story.
Stories You Might Like
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
