Saudis add half a Bakken to oil market in one month

After falling 50% through 2014, buy-the-dip oil bulls have ramped prices up about 16% in the past month, but the supply glut is only getting bigger…

Saudi Arabia boosted crude production to the highest in three decades in March, with a surge equal to half the daily output of the Bakken formation in North Dakota. Here is a direct video link.

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