How come IS can sell oil on the black market? Destabilise the Middle East

Who benefits from a low oil price?

oil-price-chart-300x229
Interesting article in WallStCheatSheet but not sure if it’s accurate.

A more scholarly approach

:
Who Benefits from Cheap Crude Oil in the Midwest? by Severin Borenstein and Ryan Kellogg

Nafeez Ahmed is an investigative journalist, bestselling author and international security scholar. He has contributed to two major terrorism investigations in the US and UK, the 9/11 Commission and the 7/7 Coroner’s Inquest, and has advised the Royal Military Academy Sandhust, British Foreign Office and US State Department, among other government agencies. His new novel, ZERO POINT, predicted a US-UK re-invasion of Iraq to put down an Islamist insurgency there. He is a regular contributor to The Guardian where he writes about the geopolitics of interconnected environmental, energy and economic crises via his Earth Insight global column. He has also written for The Independent, Sydney Morning Herald, The Age, The Scotsman, Foreign Policy, The Atlantic, Quartz, Prospect, New Statesman, Le Monde Diplomatique, among many others.

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