Britain calls on oil firms to comply with pricing probe

LONDON Wed May 15, 2013 6:33am EDT

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LONDON May 15 (Reuters) - The British government expects oil firms to fully comply with a European Commission's probe into energy pricing as it would be deeply concerned if prices have been driven up, a spokesman for Prime Minister David Cameron said.

European authorities have raided offices of oil majors Shell , BP and Statoil on Tuesday in an investigation of suspected manipulation of oil prices, one of the biggest cross-border actions since the Libor rigging scandal.

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Comments (1)
EarlRichards wrote:
Royal Dutch Shell and BP would have no problem in rigging the oil markets, because they are partners in the IntercontinentalExchange (ICE). Google the “$2.5 Trillion Oil Scam – slideshare.” Most of the world is a victim of this scam.

May 16, 2013 7:07am EDT  --  Report as abuse
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