David Cameron is extremely concerned by claims of price fixing by major oil companies, Downing Street has said.
The prime minister's spokesman said it was "deeply worrying" if prices have been driven up for consumers.
Oil giants including BP and Shell are facing claims they have been fixing prices for more than a decade.
It follows a raid on the offices of BP, Royal Dutch Shell, and Norway's Statoil by European anti-trust regulators.
The companies said they were co-operating with investigators.
In a Commons statement, Energy Secretary Ed Davey said the Office of Fair Trading (OFT) was working with European Commission investigators but stressed their inquiries were at a very early stage and urged MPs not to "jump the gun".
BBC News - David Cameron 'deeply' concerned by oil price fixing claims
All they'll do is fine them a few billion, keep the 'fine' money and the consumer, who got ripped off, with get f**k all. Perhaps MP's will be busy selling their shares in oil companies this evening, will keep them busy
The prime minister's spokesman said it was "deeply worrying" if prices have been driven up for consumers.
Oil giants including BP and Shell are facing claims they have been fixing prices for more than a decade.
It follows a raid on the offices of BP, Royal Dutch Shell, and Norway's Statoil by European anti-trust regulators.
The companies said they were co-operating with investigators.
In a Commons statement, Energy Secretary Ed Davey said the Office of Fair Trading (OFT) was working with European Commission investigators but stressed their inquiries were at a very early stage and urged MPs not to "jump the gun".
BBC News - David Cameron 'deeply' concerned by oil price fixing claims
All they'll do is fine them a few billion, keep the 'fine' money and the consumer, who got ripped off, with get f**k all. Perhaps MP's will be busy selling their shares in oil companies this evening, will keep them busy

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