The area in which they operate geographically, there are a lot of ways to move oil to avoid the official channels … you also got the need in the areas they control to provide power, oil, gasoline so I think there are many users.

Mark Stys

Categorized in : Latest Headlines

ISIS was selling oil around $40 a barrel or maybe a little less [and] with the drop in price to about 60 when oil was previously trading around $85 dollars a barrel, we would still expect them to be trading at a deep discount.

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