Oil is getting tonked for a second consecutive day, as prices have run into resistance at the top of their trading range, sending them staggering lower once more. With record net-long speculative positioning, a couple of days of selling could really ignite a bout of profit-taking (especially with the prospect of another bearish inventory report tomorrow). Hark, here are five things to consider in oil markets today. 1) An article today highlights how the East Coast last year received the most crude imports since 2013. Our ClipperData show this trend holding in January, with waterborne imports reaching their highest level since last July. Waterborne crude imports last year to the U.S. East Coast were 36 percent higher than in the year prior; the biggest increases came through from Canada, Nigeria, Angola, Venezuela and Iraq, while Mexican crude saw the biggest drop, shrinking by a factor of five to just […]