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Oil Market Rigged|for $50M, CFTC Says

MANHATTAN (CN) - Parnon Energy, Arcadia Petroleum, James T. Dyer of Australia and Nicholas Wildgoose of Rancho Santa Fe, Calif., made $50 million by manipulating oil futures on the NY Mercantile Exchange in the first 4 months of 2008, the Commodity Futures Trading Commission says.

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