As we move into September, the return of oversupply fears are clobbering the crude complex lower, with gasoline leading the charge. With Nonfarm Friday on deck tomorrow, bringing the prospect of a decent report and a stronger dollar (i.e., headwinds for crude), hark, here are five things to consider in oil markets today: 1) Back in July we discussed how Colombia’s economy was holding up comparatively well versus its Latin American neighbors, as foreign investment in recent years has helped to bolster its economy. Unfortunately, we are now seeing it slowing quicker than expected , as recent interest rate hikes (11 consecutively!) start to bite. Second quarter economic growth was at its slowest pace since 2009 at 2 percent YoY, as policy-makers prioritized quelling inflation at the expense of slower economic activity. (Click to enlarge) A slowdown in drilling activity due to the low oil price environment […]