Market News

03.26.10

ARGENTINA SOY HARVEST BEHIND LAST YEAR'S PACE

According to a report by the Buenos Aires Cereals Exchange, Argentina's 2009-10 ...

03.26.10

ETHANOL TAX BREAK BILL INTRODUCED

The US would extend ethanol tax breaks and a tariff on imports until 2016 under ...

03.26.10

FINAL RFS2 PUBLISHED IN FEDERAL REGISTER

The final rule for the expanded Renewable Fuels Standard was published in the Fe...

03.19.10

EU BIODIESEL PRODUCERS URGE OFFICIALS ON RENEWABLE ENERGY PLAN

The EU is not taking full account of the environmental impact of oil-based road ...

03.19.10

BELARUS BIODIESEL PRODUCTION UP 90%

Biodiesel production in Belarus for the first two months of 2010 was up by 89.3%...

03.19.10

FRANCE ALLOWS UCO AND TALLOW TO COUNT DOUBLE FOR BIODIESEL MANDATE

The French Senate and the National Assembly modified a law that alters France's ...

03.19.10

ARGENTINE UNIVERSITY STUDIES ALGAL BIOFUEL

Researchers at the National Technological University at Mar del Plata in Argenti...

03.19.10

ARGENTINA SOY FORECAST TO HIT NEW RECORD

Argentina's Agriculture Ministry made his first forecast for 2009-10 soybean pro...

03.19.10

PERU REVOKES US ANTI-DUMPING DUTIES

In Peru, the National Institute for the Defense of Competition and Intellectual ...

03.10.10

PALM OIL DEMAND TO EXPAND FASTER THAN OUTPUT

Palm oil demand will expand faster than output this year as El Nino curbs supply...

Page: 1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  
16  17  18  19  20  21  22  23  24  25  26  27  28  29  30  
31  32  33  34  35  36  37  38  39  40  41  42  43  44  45  
46  47  48  49  50  51  52  53  54  55  56  57  

Goldman Sachs Says Oil Could Reach $200 Per Barrel

05.07.08

Oil could rise to $200 within the next two years as part of a "super-spike" driven by poor growth in oil supplies, investment bank Goldman Sachs said in a research note.

"We believe the current energy crisis may be coming to a head, as a lack of adequate supply growth is becoming apparent," Goldman said. "The possibility of $150-$200 per barrel seems increasingly likely over the next 6 to 24 months, though predicting the ultimate peak in oil prices as well as the remaining duration of the upcycle remains a major uncertainty," Goldman said.



About World Energy

World Energy is a leading provider of biodiesel. Our global biodiesel distribution platform and diversified biodiesel production network ensures reliable supply of quality biofuels worldwide. For more, visit http://www.worldenergy.net.