Market News 
10.20.08
OPEC May Cut Oil Production to Stop Price Slide
Crude oil rose on speculation that OPEC will cut production by 1 to 2 million ba...
10.17.08
Veolia Biofuels to Launch First Used Grease Biodiesel Plant In France
Veolia Biofuels said that in early 2009 it will launch the first recycled restau...
10.16.08
Oil prices dipped below $75 a barrel Wednesday, a new 13-month low, as OPEC redu...
10.15.08
Liffe Market Suspends Rapeseed Oil Trading
Liffe, the derivatives unit of NYSE Euronext, suspended its rapeseed oil futures...
10.14.08
Indonesia will reduce its fuel oil imports as part of its effort to mitigate the...
10.13.08
Countries Continue to Aid Banking Sector
The Dow Jones industrial average surged more than 400 points in early trading to...
10.10.08
The Thai Ministry of Industry and Trade has submitted a plan to the government t...
10.09.08
First Quarter RTFO Figures Announced
First quarter RTFO figures, released Tuesday by the UK's Renewable Fuels Agency,...
10.08.08
Central Banks Cut Interest Rates
Central banks around the world cut short-term interest rates by up to half a per...
10.07.08
Palm oil importers in India are seeking to renegotiate contracts after prices pl...
US EPA Renewable Fuels GHG Lifecycle Rule Met With Strong Opposition
06.05.09
US Senate Agriculture Committee Chairman Tom Harkin said he is doubtful that the final RFS rule will include the same application of indirect land use that has made the EPA proposal controversial.
Committee Chairman Collin Peterson has also disapproved of ILUC, recently saying, "Why would you put indirect costs for corn and soybeans, and not oil?"
EPA's ILUC analysis did not consider upstream activities of gasoline or petroleum, such as GHG and environmental impacts associated with ocean transport, international military and security measures to maintain foreign oil supplies, and the impact of current and future oil exploration.
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