Saudi to push OPEC+ to increase oil production at upcoming meeting

Saudi King Salman bin Abdulaziz assured U.S. President Joe Biden on the production increase when they met on July 16, the reporter said in a tweet.

The White House has said it anticipates major oil producers in the OPEC+ alliance will increase crude production following President Joe Biden’s trip to the Middle East last month.

Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan Al Saud said a U.S.-Arab summit on Saturday did not discuss oil and that OPEC+ would continue to assess market conditions and do what is necessary.

OPEC+, which also includes Russia, is set to meet on Aug. 3.