‘ISIS: Baghdad next, oil production will dive, price will rise’

Monday, June 23, 2014
By Paul Martin

Investmentwatchblog.com
June 23rd, 2014

Since the start of its rampage through Iraq, ISIS has been eyeing vital oil fields – including the country’s biggest refinery. Brent’s price went up significantly during Monday’s trading session. RT discussed this with Jorge Montepeque, an energy-market analyst – he believes the uncertainty of war will keep pushing prices up.

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