Oil Firms Probed Over Suspected Price-Fixing

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The offices of oil companies Shell, BP and Statoil have been raided by authorities as the European Commission investigates allegations of possible market manipulation of oil and biofuel prices.

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The offices of oil companies Shell, BP and Statoil have been raided by authorities as the European Commission investigates allegations of possible market manipulation of oil and biofuel prices.
 
The commission said it had launched the investigation over suspected anti-competitive agreements related to the submission of prices to Platts, the world's leading oil pricing agency.
 
 
Read it on Sky News