Biden: ‘Expect further steps’ from Saudis in coming weeks on oil supply

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President Joe Biden on Friday indicated Saudi Arabia would move to boost oil output after a meeting with top officials from the Kingdom in Jeddah, including Crown Prince Mohammed bin Salman. “We had a good discussion on ensuring global energy security and adequate oil supplies to support global economic growth and that will begin shortly,” Biden told reporters. “I am doing all I can to increase the supply for the United States of America, which I expect to happen. The Saudis shared that urgency and based on our discussions today I expect we will see further steps in the coming weeks,” Biden said.

This article was originally published by Marketwatch.com. Read the original article here.

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