USD 65.9961

0

EUR 73.2227

0

BRENT 58.69

0

AI-92 42.2

0

AI-95 45.97

0

AI-98 51.73

0

Diesel 45.81

0

8

BP to Face Lawsuit of Forcing Up Prices in 2004

BP has denied the civil charges and said it intended to defend itself

BP is facing legal action in the US because of alleged manipulating propane prices by buying up huge propane stocks only to withhold them from the market in 2004.

BP has denied the civil charges and said it intended to defend itself, and added that staff had been dismissed.

On Wednesday, a former BP trader, Dennis Abbott, pleaded guilty to manipulating the propane market.
#bp