Pockets of faltering oil production

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With the U.S. dollar being dealt a most solid dose of the whoop-bang-wallops (WBWs), crude prices cannot help but be propelled higher today. The great British pound on track for its best day since 2008, as the promise of a parliamentary vote on Brexit has sent it on a madcap rally. A super-strong pound (ergo, a weaker dollar) is lifting crude – although the fun and games for crude kick off in the coming days, with monthly IEA and OPEC reports, and the weekly EIA report. Before that, hark, here are five things to consider in oil markets today.

1) The National Development and Reform Commission (NDRC) for China has published its latest five-year plan, in which it outlines its expectations for domestic oil production. It projects it at