Speed Reads


Trump asks Saudi Arabia to increase oil production to lower global prices

President Trump said on Twitter Saturday he has spoken with the king of Saudi Arabia and asked him to increase his country's oil production:

Trump did not clarify in the error-ridden tweet whether he thought King Salman agreed to his statement that prices are too high or to the production request. Saudi Arabia confirmed a call between the two leaders occurred but did not comment on extra production. The U.S. benchmark for crude oil reached $74 per barrel Friday.