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Oil price fix claim warning

The Energy Secretary Ed Davey has said that the 'full force of the law' will come down on oil firms if it turns out that they did manipulate oil prices. Oil firms Shell, BP and Statoil were raided as part of an inquiry into possible price fixing.

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Tory MP: 'Enough is enough' with oil fixing allegations

Conservative MP Robert Halfon said the price of petrol at the pumps has risen by a "huge amount" since 2009.

Speaking to Daybreak he said he warned that petrol price fixing had gone on "a year ago".

He added: "We had a whistleblower approach us, we urged the office of fair trading to do a full investigation, they did a partial Sir Humphry investigation, and we say enough is enough."

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