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Where will Brent be trading by year end?

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Concerns about the deteriorating situation in Iraq have hit markets, sending oil prices to their highest levels since September.

The latest CNBC poll shows an overwhelming number of respondents believe crude prices will continue to rise this week on the threat of a looming civil war between government forces and militants from the Islamic State of Iraq and the Levant.

Read MoreIraq rebels seize Northwest town in heavy battle

92 percent of people surveyed were bullish on oil prices with most saying that disruption in Iraqi exports could push Brent to $120, an increase of over 6 percent from current levels.

Cast your vote in our new poll and tell us what you think.

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