Market News

10.20.08

OPEC May Cut Oil Production to Stop Price Slide

Crude oil rose on speculation that OPEC will cut production by 1 to 2 million ba...

10.17.08

Veolia Biofuels to Launch First Used Grease Biodiesel Plant In France

Veolia Biofuels said that in early 2009 it will launch the first recycled restau...

10.16.08

Oil Prices Dip Lower

Oil prices dipped below $75 a barrel Wednesday, a new 13-month low, as OPEC redu...

10.15.08

Liffe Market Suspends Rapeseed Oil Trading

Liffe, the derivatives unit of NYSE Euronext, suspended its rapeseed oil futures...

10.14.08

Indonesia Promotes Biodiesel

Indonesia will reduce its fuel oil imports as part of its effort to mitigate the...

10.13.08

Countries Continue to Aid Banking Sector

The Dow Jones industrial average surged more than 400 points in early trading to...

10.10.08

Thailand Submits Biofuel Plan

The Thai Ministry of Industry and Trade has submitted a plan to the government t...

10.09.08

First Quarter RTFO Figures Announced

First quarter RTFO figures, released Tuesday by the UK's Renewable Fuels Agency,...

10.08.08

Central Banks Cut Interest Rates

Central banks around the world cut short-term interest rates by up to half a per...

10.07.08

Palm Oil Price Moves Lower

Palm oil importers in India are seeking to renegotiate contracts after prices pl...

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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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