- Major oil companies including Royal Dutch Shell (RDS.A, RDS.B) and Statoil (STO), as well as price publisher Platts, have been told by regulators to redact business secrets from documents obtained during antitrust raids, in a sign the European Union may be moving ahead with a two-year-old investigation, Bloomberg reports.
- The redaction request could be a precursor to the European Commission sending a formal complaint to some of the companies, according to the report.
- EU antitrust officials raided Shell, Statoil and Platts alongside BP and Abengoa (ABGB) in 2013, warning of damage to consumers if fuel price manipulation was confirmed, but the probe has since continued in near silence.