News
03 September 2024

CFTC fines TotalEnergies trading unit

In:
Oil & gas
Region:
Americas

The Commodity Futures Trading Commission (CFTC) has ordered TOTSA TotalEnergies Trading, a trading unit subsidiary of TotalEnergies, to pay a $48 million fine for alleged gasoline market manipulation.TOTSA was found to have held a short position in the Eurobob gasoline futures market, while flooding...

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