Oil prices could be rigged by traders warns G20 report

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Oil prices could be rigged by traders warns G20 report

BBC – A report commissioned by the G20 group of the world’s biggest economies has warned oil prices could be vulnerable to a Libor-style rigging scandal. According to the International Organization of Securities Commissions (IOSCO), the current system of oil price reporting is “susceptible to manipulation or distortion.” Read article

 

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