After a bullish-tilted weekly EIA report, crude is holding onto gains – and once again bumping its head on the top of its trading range. As OPEC cuts and rising shale continue to do battle, hark, here are five things to consider in oil markets today. 1) With OPEC production cuts kicking in, Asian buyers have been busy in recent months pulling in crude from further afield. Although Latin American arrivals so far this month have been weak, at their lowest pace since last April, we are seeing a pillar of strength in Brazil. According to our ClipperData , Brazilian crude exports into Asia rose nearly 20 percent last year versus 2015. So far this year, Asian arrivals are up another 20 percent year to date (to yesterday), with the last three months averaging 526,000 bpd. The majority of this crude makes its way to China, but in the […]