Market News

05.06.08

$245 Million Ethanol Plant Planned For Niagara Falls

Plans by a Toronto company to launch a $245 million ethanol production plant in ...

05.05.08

Republican US Senators Ask to Ease RFS Requirements

Two dozen Republican US Senators, including Republican presidential candidate Jo...

05.02.08

Malaysian Palm Oil Exports At Four Month High

Malaysia's palm oil exports rose 7.4% on the month to a four month high of 1.31 ...

05.01.08

Canadians Show Strong Support for Biofuels

The results of a nationwide poll find that Canadians overwhelmingly support the ...

04.30.08

Biodiesel Investments Slowing In Southeast Asia

Plans to invest billions of dollars in biodiesel refineries across Southeast Asi...

04.29.08

EU Considering Strict Criteria for Biofuel Imports

According to media reports, the EU is considering bringing in stringent criteria...

04.28.08

Argentina Economic Minister Resigns

Argentina Economy Minister Martin Lousteau has resigned, replaced by Carlos Fern...

04.25.08

EBB Files Import Complaint Against US

The European Biodiesel Board announced it has filed a complaint with the Europea...

04.24.08

Columbian Sugar Exports Decline For Second Year

Colombia's sugar exports declined for a second consecutive year. According to t...

04.23.08

UN Official Calls Biofuels Media Coverage "Simplistic"

Current news coverage and headlines blaming biofuels for shortages of food crops...

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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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