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...
Taxes Stifle German Biodiesel
11.14.07
A new round of tax increases planned for German biofuels means no new biodiesel plants are likely to be built, according to the chairman of German oilseeds industry association UFOP.
He said many biodiesel producers are likely to find themselves in "severe financial trouble" if Germany's government goes ahead with plans to further increase biofuels taxes on January 1. Even if the second tax rise was suspended, changes are likely in Germany's biodiesel industry.
"At the very least we are in a consolidation phase and, in Germany, we are at the end of the time when more production units will be built," the UFOP chairman said.
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