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Bakken

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Why are oil prices fluctuating?

From February to mid-March, oil prices receded rapidly. WTI dropped by 22 per cent in six weeks. Brent crude was down about 15 per cent. Then, in the past four weeks, the oil inched back up to the......

Oil boom in North Dakota

North Dakota is now the second-largest oil-producing state after Texas. The oil boom has resulted from an ongoing extraction from the Bakken formation in North Dakota that started in late 2008. The......

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