Market News

06.10.08

Indonesia Leaves OPEC

Indonesia, the only Southeast Asian member of the Organization of the Petroleum ...

06.09.08

Argentine Farmers Hault Strike

Argentina's farm groups have suspended their strike at the request of the Roman ...

06.06.08

Oil Prices Surge For Second Day

Oil prices surged for the second day on a US dollar decline that stemmed from a ...

06.05.08

Morgan Stanley: Oil Will Stay Above $100 Per Barrel

Oil prices will remian above $100 per barrel for the forseeable future due to ri...

06.04.08

US and Brazil Defend Biofuels at UN Food Summit

In Rome, Italy, a three-day UN food summit has called for trade barriers to be r...

06.02.08

OPEC Blames Speculators for High Oil Prices

OPEC President Chakib Khelil blamed speculators for the steep rise in oil prices...

05.30.08

EIA Says Biofuels Making Up For Lagging Oil Supplies

International Energy Agency figures show that biofuels have been filling a need ...

05.29.08

Report Projects Rapid Rise In Biofuel Production

Global production of biofuels is forecast to rise rapidly in the next decade, pu...

05.28.08

Argentine Farmers Resumes Road Blocks

In Argentina today, government representatives issued a document supporting thei...

05.27.08

China To Cut Soybean Import Tax

China is likely to cut the import tax on soybean oil to 3% from 9% from June to ...

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US Firm To Invest $30 Million In Columbian Biodiesel Facilities

04.15.08

US Texas Biodiesel Corp of Houston TX and Colombian engineering company Industria have signed an agreement to build three palm oil crushing facilities and a biodiesel plant.

US Texas Biodiesel has agreed to lend $30 million to palm growers in Santander and Bolivar for construction, with an option to repay with palm oil or biodiesel. Industrias AVM will be in charge of constructing the facilities.



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