OPEC+ will assess oil market and do what is necessary, says Saudi FM | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

OPEC+ will assess oil market and do what is necessary, says Saudi FM | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

“There was no oil discussion at the summit,” Prince Faisal bin Farhan Al Saud told a news conference, adding there were discussions with the United States and consumer nations about crude all the time. US officials said President Joe Biden would discuss energy security with leaders of Gulf oil producers during his visit and hoped to see more action by OPEC+ to boost output, but there was unlikely to be any bilateral announcements from the talks. The United States is eager to see Saudi Arabia and its OPEC partners pump more oil to help tame crude prices. OPEC+, which also includes Russia, meets next on August 3.