Tuesday, 16 October, 2018

Saudis raise oil output to near-record amid pressure from Trump

Trump told Saudi King he wouldn’t last ‘2 weeks’ without US support Salman presents Donald Trump with state medal at the Royal Court in Riyadh
Laurie Berry | 04 October, 2018, 04:28

At a rally in MS on Tuesday, he said the Middle Eastern country wouldn't last two weeks without US military protection.

In this photo provided by the Saudi Press Agency, King Salman attends a swearing in ceremony in Riyadh, Saudi Arabia, on November 6, 2017.

"We protect Saudi Arabia - would you say they're rich?"

Criticizing America's longstanding military relationships with allies has been a hallmark of Mr. Trump's presidential campaign and his time in office.

Mahomes clutch, Keenum fades in Broncos 27-23 loss to Chiefs
Of Mahomes' left-handed pass on Monday, Hill said, "I've never seen a quarterback who is right-handed throw the ball left-handed". While Case Keenum outperformed Patrick Mahomes in the first half of play, that was the complete opposite in the second half.

As oil prices have risen above US$80 a barrel, Trump has heaped more pressure on the world's top exporter of crude to do more to subdue the market and reimburse the costs of American military presence in the region. Trump discussed with King Salman efforts to maintain supplies to ensure oil market stability as crude prices are rising.

"Iran is the main supportive factor and is a test to the spare capacity of Saudi Arabia", said Petromatrix analyst Olivier Jakob. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World. While the kingdom's ties with the USA have improved under Trump, Tuesday's remarks were unusually harsh and appeared to question the stability of a monarchy in power since the 1930s. Since the group's September meeting in Algiers, Brent crude has jumped US$6 to about US$85 a barrel, a four-year high. Saudi Arabia was the U.S. leader's first stop during his first global tour as president previous year.

Speaking at the United Nations General Assembly in NY last month, Trump accused OPEC members of "ripping off the rest of the world". "We defend many of these nations for nothing, and then they take advantage of us by giving us high oil prices". Not good. We want them to stop raising prices.

Trump did not elaborate further on the conversation but appeared to be referring to a telephone call he had on Saturday with King Salman bin Abdulaziz. South Korea and Japan also have the U.S. to thank for stability in the Asian region, according to Trump, who previously demanded increased payments from USA allies to keep American bases in their countries.

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