Market News 
12.11.08
First United Arab Emirates Biodiesel Plant Planned
The first UAE-based biodiesel plant in the GCC region will produce 3 million gal...
12.10.08
Oil Rises on Output Cut Speculation
Crude oil rose on Wednesday on speculation that Russia may coordinate a producti...
12.05.08
Corn and soybeans extended losses Friday, falling to 15-month lows, on signs the...
12.04.08
Malaysian Government Vehicles to Use Biodiesel
Malaysian government agencies are holding discussions regarding using biodiesel ...
12.03.08
Oil prices hit a new 3 1/2-year low of $46.42 a barrel early on Wednesday, and t...
12.01.08
Biofuels Among Top Climate-change Investments
HSBC said in a report that biofuels, wind and clean coal are among the top clima...
11.26.08
OPEC nations may cut output for the second time in as many months as recessions ...
11.24.08
CPO Price Decline May Be Nearing End
The price of palm oil, down 67% from a March record, is near the end of its decl...
11.21.08
CPO Stocks Could Decline From December
An industry regulator said Malaysia may see a decline in record stocks of palm o...
11.20.08
Dry Weather Affects Argentine Biofuel Crops
The area planted with the 2008-09 corn crop in Argentina will be the smallest in...
Flex-Fuel Cars Are 85% of New Sales in Brazil
10.09.07
Flex-fuel cars, introduced in Brazil in 2003, now represent 85% of new car sales. By 2020, Petrobras expects these cars to make up 72% of Brazil's light-vehicle fleet, up from 13% in 2006.
By 2020, Brazilians will consume more ethanol than gasoline because flex-fuel cars will dominate the country's car fleet, according to Sergio Gabrielli, CEO of Petrobras. Flex-fuel can run on any mixture of gasoline and ethanol. Gasoline cars are expected to shrink to 13% from 71% over the same period.
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