Sen. Maria Cantwell (D., Wash.) said she is prepared to hold up appointments to the agency that regulates energy and commodities futures trading if it doesn't strengthen crude-oil market oversight.
Market Manipulation
Senator Increases Pressure On Oil-Market Regulator
ConocoPhillips reveals it has been subpoenaed in CFTC oil price fixing probe: What about Shell, the leader in illegal cartels?
NEW YORK (Reuters) - ConocoPhillips said on Monday it was subpoenaed last December by the Commodity Futures Trading Commission as part of the agency's six-month investigation into manipulation of the oil market.