Khalid Al-Falih


Special 0

Saudi Arabia raises oil output amid fears of supply crunch

  • The IEA noted that only Saudi Arabia and OPEC’s other Middle East members have the ability to ramp up production swiftly to alleviate any supply shortages in the market.
  • US President Donald Trump blamed OPEC for excessive oil prices. “Oil prices are too high, OPEC is at it again. Not good!”
By Richard Wachman ·