Market News

10.25.07

Germany Biodiesel Tax To Increase

According to Berliner Zeitung, the German Finance Minister will propose a $0.12 ...

10.23.07

Petrotec Suspends Biodiesel Production

German biodiesel producer Petrotec has temporarily stopping biodiesel production...

10.16.07

Global Oilseed Production Forecast Lower

Global oilseed production is forecast to fall 3.8%to 382 million tons over the n...

10.09.07

Global Biodiesel Market To Reach 37 Billion Gallons By 2016

The global biodiesel market is estimated to reach 37 billion gallons by 2016, gr...

10.09.07

Flex-Fuel Cars Are 85% of New Sales in Brazil

Flex-fuel cars, introduced in Brazil in 2003, now represent 85% of new car sales...

10.05.07

Banks To Launch $300 Million Islamic "Green Fund"

Amanahraya Investment Bank Ltd (AIB) will launch a $300 million Islamic fund in ...

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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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