"The Wall Street Journal has a painstakingly detailed article on how oil prices are benchmarked, and how those benchmarks can be manipulated. The EU has been investigating major oil companies, as well as the industry publication that sets the daily benchmark price, since last month. If the probe turns up damning evidence, this could be the biggest price-fixing scandal since Libor."
http://www.financialexpress.com/news/everything-you-need-to-know-about-the-oil-price-fixing-scandal/1133263/0
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Everything you need to know about the oil price fixing scandal
www.financialexpress.com
The Wall Street Journal has a painstakingly detailed article on how oil prices are benchmarked, and how those benchmarks can be manipulated. The EU has been investigating major oil companies, as well as the industry publication that sets the daily benchmark price, since last month. If the probe tur...