Feds Expand Probe Into BP Commodity Trading

Law360, New York (August 9, 2007, 12:00 AM EDT) -- Federal regulators have expanded an investigation into BP Products North America Inc.'s commodity trading activities in the U.S., including crude oil trading and storage activities, according to a BP filing with the U.S. Securities and Exchange Commission on Thursday.

BP PLC, BP Products' parent company, said the U.S. Commodity Futures Trading Commission and the U.S. Department of Justice have made various requests for information regarding various aspects of BP’s commodity trading activities since 1999. The SEC filing was an update to a BP filing in March...
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