Saudi Crown Prince, Trump Discuss Global Energy Markets

  • 3/11/2020
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US President Donald Trump spoke with Saudi Crown Prince Mohammed bin Salman in a call to discuss global energy markets, among other issues, the White House said on Tuesday. The President and the Crown Prince discussed on Monday “global energy markets and other critical regional and bilateral issues,” White House spokesman Judd Deere said. His statement came as Saudi Energy Minister Prince Abdulaziz bin Salman said on Tuesday he does not see a need to hold an OPEC+ meeting in May-June if there was no agreement on what measures should be taken to deal with the impact of the coronavirus on oil demand and prices. Prince Abdulaziz said every oil producer needs to maintain its market share, after Russian energy minister Alexander Novak earlier was quoted as saying that discounts offered by Saudi Aramco for its oil have led to panic in the market.

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