Skip to content

Biden Expects More Saudi Oil After Trip to Kingdom

  • Saudis committed to balancing global oil market: White House
  • US sees ‘further steps in the coming weeks’ on oil supply
Video player cover image
President Joe Biden says he expects further oil supply increases after meeting with Saudi rulers.Source: Bloomberg
Updated on

President Joe Biden said he expects further oil supply increases from Saudi Arabia to help tame fuel costs at home after a landmark meeting with the kingdom’s rulers.

Biden’s trip didn’t result in an immediate pledge for a production hike, but US officials said they were confident that Riyadh would lead the OPEC+ alliance to an agreement for a gradual boost