Argentines run out of gas. Why?
This Monday (30), the fuel crisis took on even greater proportions. After all, gas stations in Buenos Aires register long queues of vehicles looking for fuel. The country, which is known for its significant shale oil and gas production, however, faces a shortage of gasoline and diesel due to internal challenges […]
India's cotton production could fall by 7.5% due to less planting, says trade body
Cotton production in India for the period 2023/24 is facing significant challenges as it is forecast to fall by 7.5% compared to the previous year. This reduction will be observed in relation to the production volume, which is estimated at 29.5 million bales. Several factors contribute to this decrease in production, including […]
Biodiesel Policies Hinder US Soybean Oil Exports
Rising US demand for soybean oil, driven by biodiesel policies, will continue to restrain exports of the commodity in the 2023/24 marketing year, according to a report from the United States Department of Agriculture (USDA). The resulting trade gap would push the US out of the global oil export market […]
BASF expands production of ethylene oxide and derivatives at the Verbund site in Antwerp
The German chemical and biotechnology giant, BASF, is in the process of expanding the production of ethylene oxide (EO) and its derivatives at its Verbund unit, located in the city of Antwerp, Belgium. Firstly, this ambitious undertaking represents a substantial investment, exceeding the 500 million euros mark, which […]
Olive oil theft increases in Greece as prices rise due to poor harvest
Greece has been hit by a series of olive oil thefts as prices of the commodity have soared due to a poor harvest in the country, as reported by The Guardian. In one attack, thieves stole 37 tons of olive oil, worth more than €300,000 (US$ 315,916), from the cooperative […]
