EU Said to Ramp Up Oil-Benchmarks Probe With Evidence Request
- Regulators may be moving toward sending antitrust complaint
- Probe began two years ago with raids on BP, Shell and Statoil
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Major oil companies including Royal Dutch Shell Plc and price publisher Platts were told by regulators to redact business secrets from documents obtained during antitrust raids in a sign the European Union may be moving ahead with a two-year-old probe, according to four people familiar with the investigation.
The redaction request could be a precursor to the European Commission sending a formal complaint, or statement of objections, to some of the firms, said the people who asked not to be named because the investigation into fuel-benchmark rigging isn’t public.