Originally Posted by fish head
The media is saying ISIS is selling millions of dollars of oil on the black market but who's buying it?

It sounds simple at first but then the next question is how are they transporting millions of barrels of crude oil?

The only feasible ways I can imagine is through pipelines or by ocean tankers. If it is transported by sea where's the port where tankers fill up?

And then ...

What entity or country has the resources to refine black market crude oil?

None of this adds up to me but then again I'm totally ignorant about black market crude oil in the ME.



They fill a tanker, take it to sea and then offload to another tanker that takes it to port. There was a story just yesterday of a Kurdish tanker that disappeared off satellite and it was suspected that it had turned off the satellite tracking for a rendezvous.



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