Saudi Arabia will push Opec+ to increase oil production at an upcoming meeting on Wednesday, a Fox Business news reporter said.
Saudi King Salman bin Abdulaziz assured US President Joe Biden on the production increase when they met on July 16, the reporter said in a tweet.
The White House has said it anticipates major oil producers in the Opec+ alliance will increase crude production following President Joe Biden's trip to the Middle East last month.
Saudi Arabia's Foreign Minister Prince Faisal bin Farhan Al Saud said a US-Arab summit on Saturday did not discuss oil and that Opec+ would continue to assess market conditions and do what is necessary.
Opec+, which also includes Russia, is set to meet on August, 3. – Reuters