olive oil prices

European Commission Announces Storage Aid

The storage aid scheme aims to stabilize the current imbalance in the E.U. olive oil market.

European Commission Will Allow Self-Storage

The announcement comes as low prices continue to cause hardship for olive growers and oil producers.
Special Report

Tens of Thousands Protest Olive Oil Prices in Madrid

Protestors called on the Spanish government and European Union to change how the industry is regulated, help producers cope with low prices and protect Spanish olive oil from U.S. tariffs.

Spain Reacts to U.S. Tariff on Olive Oil

The announcement of the U.S. tariffs comes as protestors head to Madrid to demand action on low olive oil prices. Government officials fear Andalusia, one of Spain's poorest regions, will be hit the hardest by the tariffs.
Olive Oil Times Special

EU Agriculture Commissioner Pledges Support for Spanish Olive Sector

Phil Hogan has promised to intervene in order to protect the interests of Spanish olive oil producers if prices do not rebound. Varied production forecasts and trade uncertainties make it unclear whether this will happen.

Olive Oil Prices Set to Rise in Israel as Import Quotas Run Out

Ahead of the Jewish holiday season, olive oil prices are likely to increase. Custom duty waivers on imported oil are expected to run out by the start of October.
Special Report

Brussels Will Work With Spanish Cooperatives on Self-Regulation

Spain's Ministry of Agriculture, Fisheries and Food said that the European Commission had agreed to work with olive oil cooperatives to apply self-regulation measures.

Spain Sees Largest Olive Oil Consumption Increase in Nearly a Decade

Olive oil consumption in Spain rose by more than three percent, the biggest increase since 2011. Falling prices and better education about extra virgin olive oil's health benefits are attributed to the increase.