Market News

07.10.08

Argentina House Passes Export Tax Bill

In Argentina, the House has passed the president’s export tax bill, including ch...

07.10.08

G-8 Leaders Call for Renewable Energy

Leaders from the Group of 8 industrialized powers say they are concerned about r...

07.07.08

India To Increase October Edible Oil Imports

India may increase edible oil imports by more than 80% through October, strainin...

07.03.08

Latin America Becoming Major Palm Oil Exporter

Latin America is rapidly increasing palm oil exports, expanding in a global mark...

07.02.08

EU Nears Biofuel Standard Agreement

The EU is nearing agreement on biofuel standards that place human rights and end...

07.01.08

Indonesia Raises CPO Prices

Indonesia will raise export taxes and base prices for crude palm oil and its der...

06.30.08

US Energy Worries on the Rise

A recent poll by Peter D. Hart Research of 1,200 people finds more Americans wor...

06.27.08

Ethanol Prices Could Move Higher

Ethanol prices have the potential to move higher over the next six to 24 months,...

06.26.08

Irish Seaweed Could Be Used For Biofuel

Seaweed from Ireland’s coasts could be used for biofuel production, scientists s...

06.25.08

European Biodiesel Board Predicts 55% Increase in Biodiesel Capacity

The European Union’s installed biodiesel production capacity is estimated to inc...

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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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