In a shock to likely no one, "Big Oil" has betrayed our trust. Again. This time, three European heavyweights are accused of teaming up to misreport North Sea oil prices. In this video, Fool.com contributor Aimee Duffy explains the price-fixing scandal, the ensuing class action lawsuit, and what this mess might mean for investors.
The article What's the Deal With the Oil-Price-Fixing Scandal? originally appeared on Fool.com.
Fool contributor Aimee Duffy has no position in any stocks mentioned. Fool contributor Tyler Crowe has no position in any stocks mentioned. For more energy information, follow them on Twitter, @TMFDuffy and @TylerCroweFool.The Motley Fool recommends Statoil (ADR). Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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