Glencore Plc was sentenced to $486 million in fines and forfeiture for conspiring to manipulate US oil-price benchmarks. The Swiss commodities trading firm, which pleaded guilty in May, was sentenced Friday by US District Judge Sarala V. Nagala in Hartford, Connecticut. She ordered Glencore to pay a $341.2 million fine and give up the $144.4 million that it made on the scheme, following the terms of its plea agreement, US prosecutors said. Glencore admitted that, from 2012 to 2016, employees were directed to make bids and offers during a daily trading window that S&P Global Platts used to set its oil-price ... (full story)