Traders manipulated oil prices - U.S

Posted by on July 24th, 2008 at 09:29pm

Articlesmax.net wrote an interesting post today on
Here’s a quick excerpt
Oil price being manipulated huh? Read the news from CNN Money below … *** Regulators claim firm attempted to ‘bang the close’ by amassing large positions just before markets closed. NEW YORK (CNNMoney.com) — The government charged an oil trading firm Thursday with manipulating oil prices in the first complaint to be announced since the regulators began a new investigation into wrongdoings in the energy markets. The Commodity Futures Trading Commission accused Optiver Holding, two of its

Read the rest of this great post here

Under Uncategorized