Trump says Saudi king agrees to ramp up oil production

Trump says Saudi king agrees to ramp up oil production on June 30, 2018 Washington: US President Donald Trump said on Saturday that Saudi Arabia´s King Salman had agreed to his request to ramp up oil production, a week after OPEC already announced an output rise. The official Saudi Press Agency confirmed a phone call between the two leaders about oil, but mentioned no specifics. "Just spoke to King Salman of Saudi Arabia and explained to him that, because of the turmoil & dysfunction in Iran and Venezuela, I am asking that Saudi Arabia increase oil production, maybe up to 2,000,000 barrels, to make up the difference," Trump announced in an early morning tweet. "Prices too high! He has agreed!" The Saudi Press Agency said Trump had called Salman and the two highlighted "the necessity of doing efforts in order to preserve the stability of the oil market and the global economy growth." They also discussed "efforts...