Ship owners fear bunker prices have been manipulated
Concerns have been voiced that the record high prices for bunker fuel are being driven by oil trader manipulation rather than through ordinary supply and demand.
Photo - Shutterstock
A recent report by the International Organisation of Securities Commissions highlighted that oil traders are likely to have tried to distort the oil market for their own benefit.
The report said traders are likely to report false prices to the price-setting...
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