Oil Prices steady ahead of US Data expected to show US Crude has hit 11-year high amid worsening Recession

20.02.2009
    The first phase of the long-awaited expansion of the Caspian Pipeline Consortium's (CPC) oil export line from Kazakhstan to the Black Sea should be ready for use in 2011, a senior official from project partner Chevron announced.     The first phase will boost the CPC line's current capacity of 33 million...