When Olav Refvik wanted to boost the price of heating oil to make a lucrative energy deal even more lucrative, the Morgan Stanley trader locked up several storage tanks the bank owned near New York Harbor to squeeze supply. Far from being illegal, the maneuver -- which earned him millions and the moniker "King of New York Harbor" -- is business as usual in the "regulated" commodities market.
A Perfect Storm Could Shed Light On Secretive Energy Markets
The small town of Carrboro, North Carolina is suing one of the country's largest electric utilities,...
Exxon Mobil Chair and CEO Darren Woods urged the incoming Trump administration to avoid making turbulent...
Donald Trump said on Saturday that Chris Wright, an oil and gas industry executive and a...
