1. A method for stimulating the flow of oil from an oil-bearing formation, wherein the method comprises applying to the formation a sophorolipid biosurfactant produced by Starmerella bombicola and a fermentation medium in which the sophorolipid was produced, said fermentation medium comprising inactive yeast cellular components; wherein said method further comprises applying to the formation ethylenediaminetetraacetic acid (EDTA) as a chelating agent; at least one solvent that is isopropyl alcohol or ethanol; and a C8-C18 ethoxylated alcohol.
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