Market News

05.08.09

Oil Poised for Largest Weekly Gain Since March

Crude oil rose for a third day in New York, poised for the biggest weekly gain s...

05.06.09

China Clean Energy Announces Biodiesel Plant Progress

China Clean Energy has announced that the construction of its Jiangyin biodiesel...

05.06.09

EU Grain Crop Forecast To Decline in 2009

Following the record grains crop in 2008-9, this year's total EU grain crop is c...

05.06.09

US Biodiesel Production Falls in March

US biodiesel production fell to 30 million gallons in March 2009, compared with ...

05.04.09

Argentine Farmers Plan First Bloc in Congress

Argentine farmers are planning to create their first bloc in Congress by alignin...

05.04.09

World Oil Demand To Fall More than Expected

World oil demand is forecast to fall more than expected in 2009, as growth in Ch...

05.04.09

Rotterdam Storage Tight on Decreased Oil Demand

Rotterdam is running out of space to store crude as global oil demand posts its ...

05.04.09

US Soybean Price Rises 2%

US soybean prices rose over 2%, trading above $11 a bushel for the first time in...

05.04.09

US Biodiesel Prices Down on Week

US biodiesel rack prices decreased last week, even as petroleum diesel remained ...

05.01.09

High CPO Prices Slow Asian Market

High palm oil prices have slowed Asian markets as the biodiesel feedstock is cur...

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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.



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