Reuters exclusively reports U.S. Justice Department probe into suspected manipulation of Platts benchmarks

Last Updated on 06/10/2021 by

Business & FinanceEnergy

Reuters exclusively reported that the U.S. Department of Justice is investigating suspected manipulation of energy pricing benchmarks published by S&P Global Platts, expanding the agency’s crackdown on misconduct in the global commodities market, according to four people familiar with the matter. U.S. prosecutors are probing suspected manipulative behavior by individual traders when submitting deal prices to Platts’ price assessments for oil and other energy benchmarks, the four people said, without specifying which ones.

Article Tags

Topics of Interest: Business & FinanceEnergy

Type: Reuters Best

Sectors: Business & FinanceCommodities & Energy

Regions: Global

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Major Global Story

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