Abu Dhabi thought you said something?
The UAE is diversifying away from their obvious reliance on oil, and have been for awhile. Moody's stated that 75% (wow!) of their GDP is provided through sales of the commodity and derivatives.
Perfideous noted the deregulation or subsidization of fuels for the citizenry is coming to an end which seems to free up even more of the commodity for export.
Bond issue doesn't appear suspicious. Taking opportunity of cheap money.
The Saudis will only need two (2) years of these prices to buy the market (I don't really know).
If Baytex were too alter the dividend, you'll certainly discover who the 'true believers' are.
My two bits worth.