South Korean Prosecutors Raid Major Refiners Over Alleged Oil Price Fixing Amid Rising Gas Prices
Prosecutors in South Korea have raided four major domestic refiners following allegations of oil price fixing, an investigation launched amid rising gas prices exacerbated by the Middle East conflict.
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Prosecutors raid 4 major refiners over alleged oil price fixing
Prosecutors on Monday raided four major domestic refiners over allegations of oil price fixing amid rising gas prices sparked by the Middle East conflict, legal sources said. The Seoul Central District Prosecutors Office sent investigators to the offices of the refiners -- SK Energy Co., GS Caltex Corp., S-Oil Corp. and HD Hyundai Oilbank Co. -- as well as the Korea Petroleum Association. The refiners are suspected of colluding to raise or freeze prices of oil and petroleum-related products in t
By The Korea Herald
Read full article →Prosecutors raid 4 major refiners over alleged oil price fixing - Yonhap News Agency
Prosecutors raid 4 major refiners over alleged oil price fixing Yonhap News Agency
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