Shell CEO Says Too Early to Speculate About Oil-Price Probe

Royal Dutch Shell Plc Chief Executive Officer Peter Voser said it’s too early to speculate about the European oil-price fixing probe and the company is committed to the “highest standard of corporate behavior.”

Shell, BP Plc and Statoil ASA are targets of a European Commission inquiry into whether prices of crude, refined oil products and biofuels were manipulated, potentially harming consumers. Platts, a price assessor owned by McGraw Hill Financial Inc., was also questioned as the probe was announced last week.