Market News

03.06.08

Goldman Sachs Sees Palm Oil Price Drop

PALM oil futures in Malaysia, the global benchmark, may fall between 15% and 20%...

03.06.08

Chinese Oil Companies Ordered To Guarantee Supply & Margins

The Chinese government has ordered the country's two state oil companies, CNPC a...

03.05.08

Indonesia Slows Biodiesel Investments

Some Indonesian companies are halting or amending plans to make biodiesel, sayin...

03.05.08

Asian Vegetable Oil Markets End Rally

A record-breaking rally for Asian vegetable oil markets was brought to an abrupt...

03.04.08

Kiplinger Sees Increase in Soy Yields

The Kiplinger Agriculture Letter predicts that yields of soybeans will increase ...

03.03.08

Saudi Oil Minister Links Oil Prices to Biofuels

Saudi Arabia's oil minister Ali al-Nuaimi says oil prices will stay above a mini...

02.29.08

US Federal Reserve Supports Brazilian Ethanol Trariff Cut

US Federal Reserve Chairman Ben Bernanke told the US Senate Banking Committee th...

02.29.08

Vietnam & Brazil Sign Ethanol Protocol

A protocol on cooperation in ethanol production and use between Vietnam and Braz...

02.28.08

BP Moving Away From "Green" Image

British Petroleum is moving away from its “green” business branding, focusing on...

02.27.08

Palm Oil Prices Double in Past Year

Godrej International’s chief analyst says palm oil prices have doubled in the pa...

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OPEC Cuts Demand Forcast as Oil Continues to Drop

11.17.08

Oil fell for a second day as Japan entered its first recession since 2001 and China's largest crude producer said demand had declined ``sharply.''

Oil rebounded temporarily when a Saudi Aramco supertanker was hijacked. OPEC also slashed its 2009 demand forecast for a third month as crude oil dropped to $56.28 at 1:29 pm in London.



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