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New Caspian Oil Likely to Cushion Market, nothing more
But many Caspian estimates proved to be unrealistic, at least in the short term. Experts now say the Caspian should in coming years pump some 4 million to 5 million barrels per day, on par with Iran.
February 15, 2005
Caribbean, Venezuela Agree on Energy Plan
Energy officials from the Caribbean and Venezuela agreed Friday to create a new company that will provide cheaper oil in the region as a way to counter high crude prices.
August 26, 2004
