The mood of crude has flipped again, with optimism rising ahead of the NOPEC meeting at the weekend. Even though doubts persist, for today, oil prices push higher. Hark, here are six things to consider in oil markets today. 1) We discussed on Monday how the Kurdistan Regional Government (KRG) is expecting no major impact to its crude oil production from the OPEC decision, and how crude from northern Iraq flows through the 600-mile Kirkuk-Ceyhan pipeline before being loaded onto tankers in the Turkish port. The KRG controls ~550,000 bpd, and has indicated that it doesn’t plan to scale back on production . Iraq needs to cut production by 210,000 bpd to meet its OPEC cut quota, but 90 percent of the crude produced in the non-Kurdish controlled areas is operated by international oil companies. The state-run oil company controls some 440,000 bpd of Iraq’s production, […]