Market News 
04.10.09
IEA Cuts World Oil Demand Forecast
IEA on Friday cut its 2009 world oil demand forecast by 1 million barrels a day ...
04.08.09
Malaysian Palm Oil Inventories Down
Malaysia's Minister for Plantation Industries and Commodities said the country's...
04.08.09
EU Finalizes Climate-Energy Package
EU has finalized a climate-energy legislative package designed to achieve a 20% ...
04.08.09
Argentine Government and Farmers Continue Talks
The Argentine government and farmers will continue to hold weekly talks regardin...
04.08.09
Canadian Bioenergy And ADM To Partner On Biodiesel Plant
Canadian Bioenergy and Archer Daniels Midland are considering building a 70 mill...
04.06.09
Malaysian CPO Prices To Firm This Week
CPO futures on Bursa Malaysia Derivatives are expected to be firmer this week wi...
04.06.09
Louis Dreyfus Acquires New Biodiesel Capacity
Louis Dreyfus has acquired Swiss company Gate Global Alternative Energy Holding,...
04.06.09
Brazil May Increase Biodiesel Mandate
The Brazilian government is considering raising its biodiesel mandate to 4% from...
04.03.09
Malaysian Palm Oil Futures Hit 6-Month High
Malaysian crude palm oil futures soared 5.1% to a 6-month high yesterday, booste...
04.03.09
US Soybeans for May delivery gained 0.7% to $9.835 a bushel, Bloomberg reported ...
Saudi Oil Minister Links Oil Prices to Biofuels
03.03.08
Saudi Arabia's oil minister Ali al-Nuaimi says oil prices will stay above a minimum of $60 to $70 dollars per barrel because public policy in many countries is to invest in alternative energy sources to compete with petroleum, and this can only occur if oil is priced at this level.
"If you take all the subsidies that go into producing a barrel of biofuels,” he said, “I doubt that anybody can make money in that business with a price of less than $60 or $70. Therefore, a line has been drawn below which the price cannot fall."
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