Geopolitics and the oil price: why the disconnect? By: CNBC.com News September 24, 2014 at 08:40 AM EDT The OPEC basket of 12 crude oils slid to $94.31 on Tuesday, the lowest level since July 2012 even as the U.S. confirmed 14 air strikes against ISIS. Read More >> Related Stocks: BP Plc ADR Citigroup Totalenergies Se ADR iPath Dow Jones-Goldman Sachs Crude Oil Fund