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Trump says Saudi king agreed to raise oil production up to 2 million barrels

From reuters.com

U.S. President Donald Trump said in a tweet on Saturday that Saudi Arabia’s King Salman had agreed to his request to increase oil production “maybe up to 2,000,000 barrels” to offset production from Iran and Venezuela. Saudi authorities had no immediate comment. The world’s top oil exporter plans to pump as much as 11 million barrels of oil per day (bpd) in July, an oil industry source told Reuters this week, after OPEC agreed with Russia and other oil producers to raise output by about 1 million bpd. Trump tweeted: “Just spoke to King Salman of Saudi Arabia and explained to him that, because of the turmoil & ... (full story)

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