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