
Market News 
06.10.08
Indonesia, the only Southeast Asian member of the Organization of the Petroleum ...
06.09.08
Argentine Farmers Hault Strike
Argentina's farm groups have suspended their strike at the request of the Roman ...
06.06.08
Oil Prices Surge For Second Day
Oil prices surged for the second day on a US dollar decline that stemmed from a ...
06.05.08
Morgan Stanley: Oil Will Stay Above $100 Per Barrel
Oil prices will remian above $100 per barrel for the forseeable future due to ri...
06.04.08
US and Brazil Defend Biofuels at UN Food Summit
In Rome, Italy, a three-day UN food summit has called for trade barriers to be r...
06.02.08
OPEC Blames Speculators for High Oil Prices
OPEC President Chakib Khelil blamed speculators for the steep rise in oil prices...
05.30.08
EIA Says Biofuels Making Up For Lagging Oil Supplies
International Energy Agency figures show that biofuels have been filling a need ...
05.29.08
Report Projects Rapid Rise In Biofuel Production
Global production of biofuels is forecast to rise rapidly in the next decade, pu...
05.28.08
Argentine Farmers Resumes Road Blocks
In Argentina today, government representatives issued a document supporting thei...
05.27.08
China To Cut Soybean Import Tax
China is likely to cut the import tax on soybean oil to 3% from 9% from June to ...
US Flooding Causes Record Corn Prices
06.17.08
Corn prices rose to an all-time high as flooding continues in the US Midwest continues. The July 2009 delivery price of a bushel of corn surged to $8.07, the highest price for a corn contract and a new record for the eighth trading day in a row.
The July 2008 corn contract rose to a record $7.57, with the price of soybeans also going higher.
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