Crude is definitely spooked today, running scared as non-OPEC countries met over the weekend to discuss potential production cuts – but were unable to commit to anything concrete (sounds awfully familiar). Further encouraged by a stronger dollar, oil prices trudge on lower in forty dollardom; hark, here are five things to consider in oil markets today. 1) On Friday we discussed how Saudi Arabia, Iran and Iraq exports accounted for nearly half of India’s oil imports . As our ClipperData illustrate below, exports from the three OPEC members continue to blow the prior year’s volume out of the water. Iran’s export loadings so far in October are just a smidge lower than 3 million barrels per day, the highest level since sanctions were lifted earlier in the year, and a country mile above the corresponding level of 1.26 million bpd seen in October […]