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'Round trip' costs oil giant BP £1.5m

British energy giant BP has agreed to pay more than £1.5m (€2.12m) to the New York Mercantile Exchange to settle charges of improper crude oil trading activity.

Tue, 16 Sep, 2003 - 16:23

British energy giant BP has agreed to pay more than £1.5m (€2.12m) to the New York Mercantile Exchange to settle charges of improper crude oil trading activity.

BP did not admit any wrongdoing in the settlement, said Nymex spokeswoman Nachamah Jacobovits.

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