Saudis see oil price on rise as Trump blasts OPEC
Jeddah (Saudi Arabia) (AFP) - Saudi Energy Minister Khaled al-Faleh said Friday the global market has the capacity to absorb higher oil prices, drawing a swift reaction from US President Donald Trump who accused OPEC of inflating prices. Faleh's statement at a meeting of oil producers in Saudi Arabia came as crude hit the highest level in more than three years. "With record amounts of Oil all over the place, including the fully loaded ships at sea, Oil prices are artificially Very High! No good and will not be accepted!" Oil has rebounded ...
Click
To Read Full Article