May 15, 2013 / 10:36 AM / in 5 years

Britain calls on oil firms to comply with pricing probe

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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