Market News

01.27.09

Crude Oil Falls Monday

Crude oil fell from a two-week high in New York, Monday, on speculation that rec...

01.26.09

South America Drought Worst In 47 Years

Corn and soybeans declined in Chicago, Monday, as rain in Argentina and Brazil i...

01.23.09

Venezuela and Argentina to Cooperate On Energy

The presidents of Venezuela and Argentina have signed agreements Thursday to coo...

01.22.09

Soybean Prices Increase

Soybeans advanced 0.6% Wednesday after losing 2.8% Tuesday as the dollar’s rally...

01.21.09

India Rules Out CPO Import Tax

India has ruled out import taxes on CPO as prices of domestic oilseeds stay abov...

01.20.09

Malaysia May Scrap CPO Tax

Malaysia’s government is considering a request by domestic palm oil producers, i...

01.19.09

Goldman Sachs Projects Oil Price Increase

Goldman Sachs Group Inc. expects a “swift and violent rebound” in energy prices ...

01.13.09

Oil Could Hit $30 This Quarter

Oil consumption will drop by 1 million barrels a day this year as the US, Europe...

01.13.09

Soybean Prices Increase On Weather Speculation

Soybeans advanced Monday to the highest in more than three months on speculation...

01.12.09

Oil Falls Below $39

Oil fell below $39 a barrel on Monday due to growing evidence that recession is ...

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Report Projects Rapid Rise In Biofuel Production

05.29.08

Global production of biofuels is forecast to rise rapidly in the next decade, pushed by high government blending targets, the Food and Agriculture Organization, the UN food agency and the Organization for Economic Co-operation and Development said in a report published on Thursday.

The report projected that global ethanol production will reach 33 billion gallons in 2017, twice the quantity produced in 2007, and that biodiesel production was set to grow faster than ethanol.



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World Energy is a leading provider of biodiesel. Our global biodiesel distribution platform and diversified biodiesel production network ensures reliable supply of quality biofuels worldwide. For more, visit http://www.worldenergy.net.