Shell says too early to tell impact of EU oil probe

摘要

London—Shell’s chief executive Peter Voser said that it is too early to speculate over the potential impact of the EU’s oil price fixing probe, highlighting that the investigation does not necessarily point to any wrongdoing. The European Commission carried out unannounced inspections last week at a number of European oil companies, on suspicion that they colluded to manipulate reported oil and biofuel prices. Shell, BP, and Statoil, were all subject to EU anti-trust inspections at their offices. Price reporting agency Platts and a privately held Dutch oil company, Argos Energies, were also subject to inspections by EU antitrust officials.