With sally and World Business report. A Record Number of uk oil and Gas Companies went bust in 2016 but could this be the year the price of the black stuff bounces back . Ringing the bell for 2017. Where should you put your money this year . And will economists or Fortune Tellers have the upper hand on predictions . Welcome to World Business report. Im sally bundock. Also in the programme, live in singapore to hear how the city states economy is faring and you may be surprised. But first the number of uk oil and Gas Companies going bust has reached an all time high following the slump in prices of crude. Thats according to Accountancy Firm Moore Stephens who say a total of 16 businesses became insolvent last year, an eight fold increase on 2015. Despite the recent increase in the price of the black stuff, atjust under 60 a barrel its stilljust over half what it was in the summer of 2014. That price point has hit the industry hard and the new year marked the start of the first global pa