Saudi King Salman |
As the Saudi media as Confirmed about 2 Million barrels in response to trump Call Saudi King Salman. But there is No Official Confirmation about the targets.
Saudi Arabia has recorded $10.72 million Barrels in a day. Saudi has Consistently produced 10 Million barrels per day. But the Call of triumph to produce additional $2million barrel without the time frame is Confusing - Is it per day or Month. Have a Quick Look Trump Wall.
Just spoke to King Salman of Saudi Arabia and explained to him that, because of the turmoil & disfunction in Iran and Venezuela, I am asking that Saudi Arabia increase oil production, maybe up to 2,000,000 barrels, to make up the difference...Prices to high! He has agreed!
Trump and Saudi King Salman had the serious conversation about, how to sustain the productivity of Oil and take perfect measures to increase the productivity of oil and growth of global economy.
It also focused, The oil-producing nations should compensate if there is any potential shortage.
Trump Administration has put an end to Iran from Nuclear Deal. It also stated that no other country is going to import crude oil from Iran. The Sudden Rise Of Oil Prices also impacts of Venezuela and fighting of Libya for the Control of Oil Infrastructure.
Earlier, Saudi Aramco CEO Amin Nasser Stated to Indian Journalist that the state Capacity has spare of 2 million barrels a day. This News was after Saudi Energy Minister Khalid al-Falih who announced that they are happy with OPEC Decision to produce extra one million barrel per day.
Trump Administration has worries about South Korea with its close allies with Iran. Iran which has exported 14% oil to South Korea as per the information from Us Energy Department.
The Other Countries Who import oil Form Korea is China 24%, India 18%, Turkey 9%, and Italy 7%.
Trum Administration expects that majority of Countries stands with them, Unfollow Iran products.