http://www.commodityonline.com/ India's largest commodity news portal en-us July 24, 2008, 7:00 pm Copyright: (C) 2007 Commodity Online India Limited. All Rights Reserved. http://www.commodityonline.com/images/commodity%20logo.jpg http://www.commodityonline.com/ 280 51 Visit CommodityOnline.com An Interagency Task Force on Commodity Markets chaired by Commodity Futures Trading Commission (CFTC) in its preliminary assessment said that fundamental forces of demand and supply were responsible for crude oil price increases. 2008-07-24 http://www.commodityonline.com/commodities/petrochemicals/Demand-supply-forces-responsible-for-oil-rally-10650-3.html Farmers are faced with fertiliser shortages and rising prices over which they have no control. According to Rabobank analyst Erink FitzPatrick fertiliser costs are rising due to increase in input costs for the industry and rising crude oil prices. 2008-07-23 http://www.commodityonline.com/commodities/petrochemicals/Why-fertiliser-prices-are-rising-10618-3.html Thanks to technological breakthroughs in LNG production and transportation consumers here in Europe and around the world are gaining greater access to safe reliable and affordable supplies of natural gas Rex W Tillerson CEO Exxon Mobil said. 2008-07-23 http://www.commodityonline.com/commodities/petrochemicals/LNG-is-the-key-to-energy-security:-Rex-W-Tillerson-10615-3.html Total natural gas futures via electronic and open outcry trading reached 327 942 contracts surpassing the 270 987 contracts traded on June 19. 2008-07-19 http://www.commodityonline.com/commodities/petrochemicals/NYMEX-sets-daily-volume-record-for-natural-gas-10554-3.html In addition to the appointment of Dr. Awasthi to the Board of Legend International Holdings Inc. IFFCO shall have the right to nominate another Board Member. Legend's CEO Joseph Gutnick has the right to nominate three other Board Members. 2008-07-17 http://www.commodityonline.com/commodities/petrochemicals/IFFCO-Chief-to-join-Board-of-Legend-Intl-Australia-10486-3.html Public sector oil companies such as Indian Oil Corp Bharat Petroleum Corp and Hindustan Petroleum Corp are losing crores of rupees a day as they sell fuels at low prices set by the government to help protect the poor and fight inflation. 2008-07-14 http://www.commodityonline.com/commodities/petrochemicals/Oil-PSUs-told-not-to-open-new-outlets-for-two-years-10418-3.html In a study about commodities that showed the best returns since 1999 the results of which were published in website Mineweb crude oil provided a cumulative return of 696 percent followed by nickel at 543% and lead came third at 410 % 2008-07-13 http://www.commodityonline.com/commodities/petrochemicals/Crude-oil-the-star-commodity-10400-3.html New York Mercantile Exchange has announced margin changes for heating oil Central Appalachian coal futures contract and RBOB gasoline contracts among others. 2008-07-12 http://www.commodityonline.com/commodities/petrochemicals/Nymex-changes-margins-for-heating-oil-coal-10382-3.html Walter Lukken Acting Chairman Commodity Futures Trading Commission said that significant progress had been achieved by the interagency working group in studying the oil price behaviour in US and other markets. 2008-07-11 http://www.commodityonline.com/commodities/petrochemicals/Interim-report-on-oil-price-manipulation-soon-10358-3.html CFTC Act requires all traders of sufficiently large size to report their futures positions to the CFTC daily. This information enables our surveillance economists to ensure that no one is attempting to manipulate futures markets 2008-07-11 http://www.commodityonline.com/commodities/petrochemicals/CFTC-will-monitor-manipulation-on-daily-basis-10356-3.html Today Shell distributes more biofuels ethanol and biodiesel than anyone else. In 2007 the company sold more than 5 billion litres mainly to meet government mandates. 2008-07-10 http://www.commodityonline.com/commodities/petrochemicals/Shell-is-bullish-on-bio-fuels-10342-3.html Global oil major Total has formed a joint venture with Vinergy International Pvt Ltd to promote the manufacture and marketing of specialized value added bitumen products for Indian roads. 2008-07-09 http://www.commodityonline.com/commodities/petrochemicals/Totals-value-added-bitumen-for-Indian-roads-10321-3.html