PRAs need to act fast amid manipulation fears

Mark Pengelly - Energy Risk

With regulators working hard to combat manipulation in wholesale financial and energy markets, price reporting agencies (PRAs) are in the firing line. On May 14, the European Commission (EC) launched a series of co-ordinated raids on European energy trading firms as part of an investigation of alleged manipulation in markets for crude oil, refined products and biofuels. Although the PRA is not a target of the probe, the investigation centres on prices reported by New York-based Platts, whose Lon

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: