Market News

07.28.10

CPO DROPS WEDNESDAY

Palm oil futures dropped Wednesday after crude oil fell for a second day on risi...

07.28.10

BILL INTRODUCED TO EXTEND ETHANOL TAX CREDITS

A draft bill released by the chairman of the US House of Representatives' tax-wr...

07.28.10

BP REPORTEDLY SEEKING TO SELL ASSETS TO PAY FOR OIL SPILL DAMAGES

A day after BP said it would sell $30 bln in assets to pay for its Gulf of Mexic...

07.14.10

PALM OIL EXTENDS GAINS WEDNESDAY

Palm oil advanced Wednesday extending gains after shipments from Malaysia climbe...

07.14.10

MAJORITY SPANISH BIODIESEL PLANTS OPERATING UNDER 10% CAPACITY

Spanish Renewable Energy Association APPA stated that 75% of the 46 domestic bio...

07.14.10

ITALY BIODIESEL OUTPUT MAY PLUNGE 60-70%

Biodiesel output in Italy may plunge 60-70% this year after falling 50% in the f...

03.26.10

MALAYSIA BIODIESEL MANDATE WILL MARGINALLY IMPACT CPO DEMAND

The impact of Malaysia's biodiesel mandate on palm oil demand for 2011 will be n...

03.26.10

EU COMMISSION REPORT: INDIRECT LAND USE CHANGE IMPACTS BIOFUELS SUSTAINABILITY

Going beyond a 5.6% biofuel blend in transport fuel could impact the environment...

03.26.10

INDONESIA TO RAISE CPO EXPORT TAX

Due to rising global palm oil prices, Indonesia will raise its export tax on cru...

03.26.10

FRANCE SCRAPS CARBON EMISSIONS TAX

The French government has scrapped its plan for a carbon emissions tax. The...

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US Says Oil Prices Reflect Supply-Demand

05.22.08

US Energy Secretary Samuel Bodman said that crude oil prices, which hit a record $132/barrel in oil futures trading, accurately reflect the global supply-demand situation.

Bodman told reporters at the Department of Energy on Wednesday, "We have flat production over a three year period and we have increasing demand." Bodman said that in 2004, the demand for crude oil in the world jumped by nearly 3 million barrels per day.



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