Market News

04.10.09

IEA Cuts World Oil Demand Forecast

IEA on Friday cut its 2009 world oil demand forecast by 1 million barrels a day ...

04.08.09

Malaysian Palm Oil Inventories Down

Malaysia's Minister for Plantation Industries and Commodities said the country's...

04.08.09

EU Finalizes Climate-Energy Package

EU has finalized a climate-energy legislative package designed to achieve a 20% ...

04.08.09

Argentine Government and Farmers Continue Talks

The Argentine government and farmers will continue to hold weekly talks regardin...

04.08.09

Canadian Bioenergy And ADM To Partner On Biodiesel Plant

Canadian Bioenergy and Archer Daniels Midland are considering building a 70 mill...

04.06.09

Malaysian CPO Prices To Firm This Week

CPO futures on Bursa Malaysia Derivatives are expected to be firmer this week wi...

04.06.09

Louis Dreyfus Acquires New Biodiesel Capacity

Louis Dreyfus has acquired Swiss company Gate Global Alternative Energy Holding,...

04.06.09

Brazil May Increase Biodiesel Mandate

The Brazilian government is considering raising its biodiesel mandate to 4% from...

04.03.09

Malaysian Palm Oil Futures Hit 6-Month High

Malaysian crude palm oil futures soared 5.1% to a 6-month high yesterday, booste...

04.03.09

US Soybeans Gain On Week

US Soybeans for May delivery gained 0.7% to $9.835 a bushel, Bloomberg reported ...

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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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