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2018-09-07 12:41:00

SAUDIS OIL FOR U.S. UP

SAUDIS OIL FOR U.S. UP

BLOOMBERG - Saudi Arabia has markedly increased oil exports to America, a sign OPEC's leading producer is responding to pressure from U.S. President Donald Trump to cool down the energy market.

While the export boost started earlier this year, it accelerated over the past three months after Trump repeatedly -- both through private diplomacy and public Twitter harangues -- asked the Saudis to lift production to keep energy prices in check.

Saudi oil shipments into the U.S.…

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Tags: SAUDI ARABIA, OIL, USA
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