• Research
  • Politika
  • About
Carnegie Russia Eurasia center logoCarnegie lettermark logo
  • Donate
{
  "authors": [],
  "type": "legacyinthemedia",
  "centerAffiliationAll": "dc",
  "centers": [
    "Carnegie Endowment for International Peace",
    "Malcolm H. Kerr Carnegie Middle East Center"
  ],
  "collections": [],
  "englishNewsletterAll": "menaTransitions",
  "nonEnglishNewsletterAll": "",
  "primaryCenter": "Carnegie Endowment for International Peace",
  "programAffiliation": "MEP",
  "programs": [
    "Middle East"
  ],
  "projects": [],
  "regions": [
    "Middle East",
    "Levant"
  ],
  "topics": [
    "Political Reform",
    "Economy"
  ]
}

Source: Getty

In The Media

On ISIL and Oil

ISIL's oil production maybe in decline but that does not mean the group will simply disappear.

Link Copied
Published on Sep 12, 2016

Source: CCTV America

 
Carnegie Middle East Center's Carole Nakhle joined CCTV America's Mike Walter to discuss ISIL's oil producing capabilities. Nakhle argued that we can only speculate how much oil ISIL is producing and for how much the group is selling it for on the black market.  The group's revenue is decreasing due to a decrease in production and the continued bombing of allied forces. According to Nakhle, ISIL's oil was only sought after on the black market and now the group is focusing more on refined oil products like heating oil or diesel. She stated that allied bombings had an impact on the drilling for and selling of oil but not on its refinement.  She also argued that the oil is not ISIL's but the people of Syria and Iraq and America cannot seize it.  Nakhle finally noted that even if ISIL lost its oil supplies, it would not spell the end of the group as its ideology still attracts followers. 
 
This interview was originally broadcast on CCTV America. 
Political ReformEconomyMiddle EastLevant

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

More Work from Carnegie Russia Eurasia Center

  • Commentary
    Carnegie Politika
    Could Migrants From India and Africa Solve Russia’s Labor Shortage?

    The demands of the Kremlin’s war in Ukraine, demographic problems, and public hostility toward Central Asians mean Russia does not have enough workers.  

      Salavat Abylkalikov

  • Commentary
    Carnegie Politika
    Russian Market Sours for Belarusian State Companies

    Minsk’s faith in the future of its larger neighbor’s economy is fading as Belarusian firms in Russia see record losses.    

      Olga Loiko

  • Commentary
    Carnegie Politika
    In Russia, Private Companies Have Been Left to Pick Up the Tab for Ukrainian Drone Attacks

    The cost of air defense has become an unregistered tax on revenue for businesses. While military rents are consolidated in the federal budget, the costs of defense are being spread across the balance sheets of companies and regional governments.

      Alexandra Prokopenko

  • Commentary
    Carnegie Politika
    Could the Rise of the New People Party Reshape Russia’s Managed Political System?

    Anger over online restrictions has led to a surge in support for the New People party, which has replaced the Communists as Russia’s second most popular political party.  

      Andrey Pertsev

  • Commentary
    Carnegie Politika
    In Russia, the Public Mood Is Souring

    The Russian regime is now visibly motivated by fear.

      Alexander Baunov

Get more news and analysis from
Carnegie Russia Eurasia Center
Carnegie Russia Eurasia logo, white
  • Research
  • Politika
  • About
  • Experts
  • Events
  • Contact
  • Privacy
  • For Media
Get more news and analysis from
Carnegie Russia Eurasia Center
© 2026 Carnegie Endowment for International Peace. All rights reserved.