Market News

02.26.08

Palm Oli Reaches Record High

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

High Ethanol Stocks in Europe

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...

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EU To Propose Biofuels Ban

01.15.08

European Union officials will propose a ban on imports of certain biofuels, according to a draft law to be unveiled next week.

If approved by European governments, the law would prohibit importation of fuels derived from crops grown on certain kinds of land — including forests, wetlands or grasslands — into the 27-nation bloc.

The draft law would also require that biofuels used in Europe deliver “a minimum level of greenhouse gas savings.” That level is still under discussion.



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