Glencore to pay >$1.1B to resolve government’s investigation into bribery and commodity and price manipulation
Green Car Congress
MAY 27, 2022
s parent company and then fully-acquired in 2014) conspired to manipulate two benchmark price assessments published by S&P Global Platts (Platts) for fuel oil products, specifically, intermediate fuel oil 380 CST at the Port of Los Angeles (Los Angeles 380 CST Bunker Fuel) and RMG 380 fuel oil at the Port of Houston (U.S.
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