Market News

05.22.09

Global Ethanol Demand To Increase 9% Annually

Global demand for ethanol is predicted to increase annually by 9.3% over the nex...

05.20.09

Research Shows Jatropha Not 'Wasteland' Biofuel Crop

According to Indian government researchers, Jatropha plants will grow on wastela...

05.20.09

Ecopetrol To Operate Ocensa Oil Pipeline

Beginning this week, Colombia's state-owned oil company Ecopetrol will manage ...

05.20.09

Argentina Soy Crush Under Last Year

Argentina crushed 6.26 million mt of soybeans into soyoil and soymeal during the...

05.20.09

Obama Proposes New Auto Standards for Emissions and Fuel Economy

President Obama has proposed new auto standards that will increase fuel economy ...

05.18.09

Malaysia Looking To Japan To Boost Palm Oil Trade

Malaysia is looking to Japanese snack companies for strategic partnerships to bo...

05.18.09

Brazil Biodiesel Mandate May Increase In July

Brazil's plans to increase local biodiesel blending from 3% to 4% in July, will ...

05.18.09

ConocoPhillips Pulls Out of Biodiesel Deal With Tyson Foods

ConocoPhillips has stated it will cancel its agreement with Tyson Foods to proce...

05.15.09

Sweden To Use EU Presidency to Promote Biofuels

Sweden has announced it will use its forthcoming EU presidency, which it will as...

05.15.09

Global Oil Demand Revised Down

IEA has revised down its 2009 global oil demand forecast to 3% below 2008. Glob...

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Oil Prices Surge For Second Day

06.06.08

Oil prices surged for the second day on a US dollar decline that stemmed from a weak jobs report and a forecast of $150-a-barrel oil.

The US Labor Department reported that unemployment rose to 5.5% in May from 5% in April, the largest monthly jump in more than two decades. Also contributing to the surge, Morgan Stanley released a report expecting a "short-term spike in oil prices," as high as $150 a barrel by July 4.



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