Oil trader Glencore guilty of bribery and market manipulation

GLENCORE – the third largest oil trader in the world – has pleaded guilty to market manipulation in the oil fuel markets, and bribery, in both UK and USA courts.

Oil trader Glencore guilty of bribery and market manipulation Oil trader Glencore guilty of bribery and market manipulation Oil trader Glencore guilty of bribery and market manipulation Oil trader Glencore guilty of bribery and market manipulation Oil trader Glencore guilty of bribery and market manipulation

Overnight, the US Justice Department confirmed Glencore had entered a guilty plea to several charges of gross corporate mismanagement that went right to the company's top level executive management.