OPEC
Platts Investigation Stokes Gulf Alarm
The ongoing investigation by the European Commission (EC) into potential price manipulation of Price Reporting Agency (PRA) Platts’ Atlantic basin crude benchmark is generating increasing alarm among a wide range of market participants. The fear is that the investigation, whatever its outcome, could act as a Trojan Horse for a more heavy-handed regulation of crude markets.
Unusually, Platts’ pricing...
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