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Banks 'manipulate oil price'

Banks 'manipulate oil price'
The Government should widen its enquiry into Libor to investigate whether the price of oil has been manipulated by banks and oil firms, campaigners have said.

The call, led by Tory MP Robert Halfon, follows a report for the G20 which discovered that the oil market could easily be distorted and warns governments that traders could influence the price of oil for their own private benefit.

Green Box: Banks 'manipulate oil price'Click to open

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