Mousa Mahdi

Analysis: As global oil prices fall, more GCC countries are attempting to boost revenues by refining their own oil.

A slump in oil prices has been a reason to celebrate for oil consumers. Meanwhile, US oil producing states are being drowned in unemployment and debt.

As the price of oil continues to drop, al-Araby al-Jadeed's Mousa Mahdi looks at three likely outcomes for oil producing countries in 2015.