Reuters | Saudi Arabian Budget Deficit Set to Narrow in 2017 on Higher Oil Prices OilPrice.com Higher oil prices and well-planned spending will narrow the deficit in Saudi Arabia's budget this year, according to a research note published by Merrill Lynch. In 2017, the shortfall should shrink to 12 percent of GDP, instead of the 16.9 percent ... Trillion-dollar question looms as Aramco audits oil reserves |