IS Sells Oil at Under $30/barrel

By John Lee.

The Iraqi Oil Minister Adil Abdul Mahdi claims that the Islamic State (IS, ISIS, ISIL) are selling oil for as little as $30 a barrel.

BasNews quotess the Minister as saying that the militants are getting their oil from two major sites in Salahaddin Province; the Allas and E’jeel oil fields.

This conflicts with another report that suggests that Qayara is the only operation Iraqi oilfield under IS control.

(Source: BasNews)

(Oil image via Shutterstock)

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