Calls have been made for further investigations in the UK into alleged price-fixing in the oil industry, after European anti-trust regulators confirmed they had carried out raids on several firms involved in the sector. The raids, which took place on Tuesday 14 May, are reported to have involved BP, Shell, Statoil and oil pricing agency Platts. A statement from the European Commission (EC) said it had “concerns that the companies may have colluded in reporting distorted prices to a price […]
Palletways has extended its service to cover Poland and the Baltic region.
A petition calling for a full investigation into possible price fixing in the UK road fuels market has generated over 32,000 signatures.
FairFuelUK (FFUK) has received more than 15,000 signatures of support in the past day backing its call for an investigation into the UK fuel market. FFUK wants the Office of Fair Trading (OFT) to take the issue on, after a report commissioned for G20 finance ministers warned oil traders may have been artificially inflating wholesale prices. It also wants the financial regulators to look at whether traders and speculators have, in the style of the banks and the Libor rate, […]