World Saudis see oil price on rise as Trump blasts OPEC - The Guardian Newspaper

  • Thread starter Thread starter Kayode Falayi
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Kayode Falayi

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Saudi Energy Minister Khaled al-Faleh said Friday the global market has the capacity to absorb higher oil prices, drawing a swift reaction from US President Donald Trump who accused OPEC of inflating prices.

Faleh’s statement at a meeting of oil producers in Saudi Arabia came as crude hit the highest level in more than three years.

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