Oil Prices: Analysis of Oil Futures Market Prices Since Iraq's Invasion of Kuwait

Pursuant to a congressional request, GAO evaluated the Commodity Futures Trading Commission's (CFTC) data on oil futures market activity between July 30, 1990 and February 28, 1991, focusing on: (1) whether the futures market manipulated oil prices; and (2) CFTC and the New York Mercantile Exchange's (NYMEX) methods for monitoring markets.