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fell overnight in the united states. you can see the dow and the s&p 500 closing a little higher. in part thanks to the energy sector index which search. production will be cut by i% globally next month when my colleague has more. by 1% globally next month when my colleague has more.- my colleague has more. many anal sts my colleague has more. many analysts believe my colleague has more. many analysts believe that - my colleague has more. many analysts believe that the - my colleague has more. many analysts believe that the cars | analysts believe that the cars coalition really want to keep the price of oil above 8 cents a barrel hovering around 90 cents per barrel. the price of oil has wide ranging imprecations. it would make producing goods more expensive for companies and if priors to stay higherfor a while it would have an impact on the price of gasoline and as many countries are around the world fight inflation, this move by 0pec could make the back for more diff ....
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In. and that could foster civil unrest in baghdad. you ve got people where the pipelines run and into syria, as well, where isis already controls some of those pipelines. make money off of it, as well. as anderson pointed out, still basically isis just north of baghdad. these southern oil fields too, could be another target. but you say not so fast. yeah. no way they re getting down there. this is all shia down here. the notion mixed areas. but mainly shia. and the idea of them getting down there this is, by the way, what they want as part of this islamic caliphate they talk about, all of this area. and you can include lebanon and israel and all the rest. but the idea of them getting down there militarily to basra, which is an important export area for the oil, that s unlikely at the moment. i think they ve got a holding place here. they would love to have that. what will they do with it? they sell it. they actually can. they can intercept the oil pipelines. they sold s ....