How is Iraq pumping more oil than ever? The answer is ISIS. ISIS is holding huge amounts of Iraq's oil fields and is pumping them faster than ever. The west is in weakening position since they cannot get to them and the other options like Iran's oil is still being negotiated. According to CNN, ISIS owns 10% of Iraq's oil fields and is stealing the Iraqi governments oil money. Iraq saw a drop in oil prices in recent years and ISIS is taking the stolen oil and selling it at a discount, which doesn't help. "Already in 2015, OPEC's second-biggest producer has made huge strides to expand output despite the twin challenge of low oil prices and a costly battle against" ISIS, the International Energy Agency said. For more news on ISIS and oil, click here.