Oil prices have been historically low now for several years. How long will prices remain at these levels? No one knows. And if they stay at these levels throughout 2017? 2018?
Ouch! That will wreak havoc on the public finances of oil producers. Indeed, OPEC members are already feeling the strain. This story about Kuwait gives a glimpse.
This may be one of the more interesting stories to unfold next year. Stay tuned!