Dollar strength returns to pressure prices lower, while a bout of profit-taking after hitting the psychological level of $50 is spurring on selling into the holiday weekend. Hark, here are five things to consider in oil markets today. 1) According to Saudi Aramco’s annual review , the Kingdom produced 10.2 million barrels per day last year, up from 9.5 million bpd in 2014 – reaching an all-time high. Oil reserves were unchanged at a hefty 261.1 billion barrels. Our ClipperData affirms Saudi Aramco’s numbers that exports rose above 7 million barrels per day last year. Meanwhile, for the Arab Gulf on the whole, increased loadings over the last year from Saudi, Iraq, and Iran […]