Officials from the Iraqi oil industry have said that ISIS reaps $1 - TopicsExpress



          

Officials from the Iraqi oil industry have said that ISIS reaps $1 million per day in Iraq in oil profits and that if they get the Syrian fields in [areas where theyre advancing], the total would be $100 million per month for both Iraq and Syria combined. They sell it for $30 a barrel because its a black market. Its not pegged to international standards for oil prices, which are over $100 a barrel. The oil is bought through Turkey from Syria, and its sold to black market traders who function throughout the Levant.
Posted on: Tue, 29 Jul 2014 20:56:43 +0000

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