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Biden: ‘Expect further steps’ from Saudis in coming weeks on oil supply

43278 biden expect further steps from saudis in coming weeks on oil supply

President Joe Biden on Friday indicated Saudi Arabia would move to boost oil output after a meeting with top officials from the Kingdom in Jeddah, including Crown Prince Mohammed bin Salman. “We had a good discussion on ensuring global energy security and adequate oil supplies to support global economic growth and that will begin shortly,” Biden told reporters. “I am doing all I can to increase the supply for the United States of America, which I expect to happen. The Saudis shared that urgency and based on our discussions today I expect we will see further steps in the coming weeks,” Biden said.

Source: Marketwatch

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