A two-year G-20 probe into whether the unregulated physical oil market is vulnerable to manipulation and needs tighter supervision looks set to end this week with a report that effectively endorses the current system. The IOSCO is backpedaling from earlier calls for tougher industry oversight, even as average U.S. retail gasoline prices hover near record levels.
A two-year G-20 probe into whether the unregulated physical oil market is vulnerable to...
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