Trump claims Saudi Arabia will boost oil production
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President Donald Trump said Saturday that he had received assurances from King Salman of Saudi Arabia that the kingdom will increase oil production, "maybe up to 2,000,000 barrels" in response to turmoil in Iran and Venezuela. Saudi Arabia acknowledged the call took place, but mentioned no production targets.
Trump wrote on Twitter that he had asked the king in a phone call to boost oil production "to make up the difference...Prices to (sic) high! He has agreed!"
A little over an hour later, the state-run Saudi Press Agency reported on the call, but offered few details.
"During the call, the two leaders stressed the need to make efforts to maintain the stability of oil markets and the growth of the global economy," the statement said.
