As oil pauses for breath, so can we. After a hectic week, prices are ticking slightly higher into the weekend after a positive U.S. employment report. Although more shenanigans await next week, hark, here are five things to consider in oil markets today. 1) As the dust settles on the OPEC meeting, we don’t have long to wait before the next whirlwind arrives to stir things up. The Doha meeting of OPEC and NOPEC members is a week today, where OPEC will express to key NOPEC members (Russia, Oman, Kazakhstan, Azerbaijan, Mexico and others?) that their production cut of 1.2 million barrels per day hinges on NOPEC cutting by 600,000 bpd. Russia has said it will do the heavy-lifting for NOPEC, committing to a 300,000 bpd cut. Parallels can be drawn betwixt Saudi and Russia. Just as Saudi has kept production elevated in recent months – when […]