Divisions of Glencore PLC have pleaded guilty to price manipulation in the Houston and Los Angeles fuel oil markets and to paying intermediaries to bribe foreign officials for crude oil contracts and ...
Former Glencore oil trader Emilio Jose Heredia Collado has pleaded guilty to conspiring to manipulate an oil-price benchmark to influence global oil prices. Heredia now faces up to five years in ...
WASHINGTON, DC, Aug. 6 – The Federal Trade Commission issued a final rule prohibiting oil marketplace manipulation, effective Nov. 4. It will prohibit fraud or deceit in wholesale petroleum markets, ...
NEW YORK (Reuters) - U.S. regulators' $14 million settlement with high-frequency trading firm Optiver over oil price manipulation in 2007 is a "milestone" victory in their toughening stance on market ...
WASHINGTON (Reuters) - U.S. lawmakers in the House of Representatives on Thursday unveiled legislation that would require federal energy market regulators to oversee all over-the-counter crude oil ...
Obama said earlier this year that he has tasked Attorney General Eric Holder with “reconstituting” a Justice Department-led panel formed in 2011 to explore potential manipulation that might affect ...
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