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US Justice Department Probes Suspected Manipulation of Platts Benchmarks

2021-10-04 15:37:40| OGI

U.S. prosecutors are probing suspected manipulative behavior by individual traders when submitting those deal prices to Platts' price assessments for oil and other energy benchmarks.

Tags: department justice manipulation suspected

 

FERC to Hear Total Alleged Natural Gas Manipulation Case by 2022

2021-07-28 11:20:00| OGI

FERC was hoping for an earlier hearing on the case against Total, but the administrative law judge in an order on July 27 said the complexity of this matter requires a longer timetable.

Tags: total case natural hear

 
 

FERC to Hear Total Alleged $214 Million Natural Gas Manipulation Case

2021-07-16 11:10:00| OGI

FERC alleged Total made intentionally losing tradesknown as uneconomic tradingin order to affect index prices in the U.S. Southwest on at least 38 occasions between 2009 and 2012.

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US Says BP Pays $24.4 Million But Challenges Natgas Manipulation Fine

2021-01-06 23:10:00| OGI

FERC alleged BP violated the Natural Gas Act by manipulating the next-day gas market at Houston Ship Channel from mid-September through Nov. 30, 2008.

Tags: fine million pays challenges

 

Investigation into potential beef market manipulation sought

2020-04-06 22:40:00| Beef

More than 145 bipartisan lawmakers also seek swift relief for cattle producers in COVID-19 market fallout.

Tags: market potential investigation sought

 

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