As the pendulum of market sentiment swings back towards the bears amid weak economic data, a stabilizing U.S. rig count and the hopeful return of Canadian production, oil prices are starting the week looking lower. Hark, here are six things to consider relating to the oil market today: 1) Japan kicked off a bearish economic tone overnight, with exports falling for a seventh consecutive month – driven by recent strength in the Yen. Imports fell a whopping 23.3 percent, the biggest decline since October 2009. As we know all too well, all paths lead back to energy, hence it is no surprise to learn that lower oil and gas prices contributed the most to the decline. Japan’s trade surplus was […]