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 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 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
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 importers in India are seeking to renegotiate contracts after prices pl...
Germany Biodiesel Tax To Increase
10.25.07
According to Berliner Zeitung, the German Finance Minister will propose a $0.12 per liter tax on domestic biodiesel, effective August 1, 2008
The new tax will substantially increase the current tax that is cited by the German biodiesel industry as a prime factor for the slowdown in domestic production.
Plants in Germany are reported to be operating at 40-50% capacity because of high rapeseed costs and domestic taxation. The government will propose mandatory biodiesel usage as a production incentive.
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