Trump calls Saudi’s King to discuss oil supplies

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US President Donald Trump called Saudi Arabia’s King Salman yesterday to discuss efforts for maintaining supplies, to ensure Oil Market Stability.
The call comes, days after the US President criticised OPEC for high oil prices, and called again on the exporting group to boost crude output to cool the market, ahead of midterm elections in November for US Congress members.
Oil prices rose more than 1 percent on Friday, with Brent Crude Oil climbing to a four-year high, as US sanctions on Tehran squeezed Iranian crude exports, tightening supply even as other key exporters increased production.

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