OIL PRICES

Obama Plans Curbs On Oil Market Manipulation

US President Barack Obama outlined proposals to curb manipulation in oil markets in a speech outside the White House on 17 April. With an eye to presidential elections in November and amid growing concerns in the US over the impact of global oil market trends on US gasoline prices, Mr Obama said: “We can’t afford a situation where speculators artificially manipulate markets by buying up oil, creating the perception of a...