Market News 
02.26.08
Palm oil surged 6% to a record high on the Bursa Malaysia derivatives exchange, ...
02.26.08
CBOT Wheat Trades At All Time High
At the Chicago Board of Trade, wheat traded at an all-time high of $12 per bushe...
02.25.08
Iran Supports Oil Production Cut
Iranian oil minister Gholamhossen Nozari said last week that there is no reason ...
02.22.08
Majority of New European Cars Are Diesel
More than half of all new cars sold in Europe last year had diesel engines, the ...
02.21.08
Ethanol prices in Europe have been static in the first part of 2008, as high sto...
02.21.08
Soy Crop Area Expanding in Argentina
Soybean crops in Argentina now occupy more than half of the country's cropland, ...
02.20.08
Cuba May Shift Biofuels Policy
Analysts say that Cuba has the potential to produce between 2 billion and 3 bill...
02.19.08
EIA Sees US Retail Gas At $3.03 Per Gallon
The Energy Information Administration lowered its forecast for the cost of regul...
02.19.08
Fuel Prices Cause Unrest In Mozambique
Recent events in Mozambique characterized by some international news outlets as ...
02.19.08
Commodities Cited As Top Performing Asset in 2007
Commodities were the top performing asset class in 2007, outperforming residenti...
Brazil To Review Oil Policy
11.19.07
A day after Petrobras announced discovery of between 5 billion and 8 billion barrels of light oil and gas at the Tupi field offshore of southern Brazil, the government said it is rethinking how to share Brazil's oil riches with private companies.
The Tupi discovery is the world's largest oil find since the 12 billion-barrel Kazakh field was discovered in 2000. Initially, Tupi will produce about 100,000 barrels a day but may ramp up to as much as 1 million before 2020.
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