PLUMMETING oil prices have hit Islamic State’s (IS) profits as rouge traders turn back to sanctioned distributors, a researcher said.
IS, also known as Da’esh, controls most of the significant oil rigs in Syria and produces between 30,000 and 50,000 barrels of oil a day, said Bahrain Centre for Strategic, International and Energy Studies (Derasat) researcher Abdulaziz Al Dossary .