Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Friday, April 19, 2024 | Back issues
Courthouse News Service Courthouse News Service

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.

Categories / Uncategorized

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.

Loading...