
Market News 
10.06.08
Bank Bailouts Spread Through Europe
Stocks tumbled around the world, the Euro fell the most against the Yen since it...
10.03.08
US House to Vote on Bailout Today
The US Senate approved a $700 billion rescue package that also includes billions...
10.02.08
Palm Oil Stocks May Reach Record High
By the first half of November, total palm oil stocks in Indonesia and Malaysia m...
10.01.08
US Senate May Vote on Bailout Bill Today
According to news reports, the US Senate will attached its version of the $700 b...
09.30.08
China Agri-Industries Increases Capacity
China Agri-Industries Holdings will increase its oilseed processing capacity by ...
09.29.08
Philippines Plan for Energy Independence
The Philippine President has told the UN General Assembly that the country would...
09.26.08
US House Passes Energy Tax Package
The US House passed an energy tax extenders package today that included the $1.0...
09.25.08
Alternative Energy to Create Millions of Jobs
Development of alternative energy should create more than 20 million jobs around...
09.25.08
Argentina Drought May Increase Feedstock Prices
Argentina is currently experiencing the worst drought in 20 years, stalling the ...
09.23.08
Nigerian Militants Attack Oil Pipeline
Militants in the Niger Delta region said on Saturday that they have disrupted an...
Bank Bailouts Spread Through Europe
10.06.08
Stocks tumbled around the world, the Euro fell the most against the Yen since its debut, and oil dropped below $90 a barrel as the credit market seizure caused bank bailouts to spread through Europe, Bloomberg reported Monday.
The Dow Jones Industrial Average dropped below 10,000 for the first time since October 2004, Europe's Dow Jones Stoxx 600 Index had its largest intraday decline since 1987, and the value of the 19 commodities in the Reuters-Jefferies CRB Index fell $280.6 billion, a loss larger than their total worth two years ago.
About World Energy