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Asharq Al-Awsat

World

London - Asharq Al-Awsat

Saudi Arabia, the Balance Point between Moscow, Washington in OPEC Agreement

OPEC White House Saudi Arabia Moscow Oil European Union

The White House praised a major Saudi role in controlling oil markets. (Photo: AP)

The White House praised a major Saudi role in controlling oil markets, through a greater increase in the production of the OPEC+ alliance during July and August than previously announced.

“We welcome the important decision from OPEC+ today to increase supply in July and August based on new market conditions,” White House press secretary Karine Jean-Pierre said on Twitter after OPEC+’s announcement.

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