Saudi king said will boost oil output if needed: White House

WASHINGTON/RIYADH (Reuters) - The leader of Saudi Arabia promised President Donald Trump that he can raise oil production if needed and the country has 2 million barrels per day of spare capacity, the White House said on Saturday, rowing back on an earlier Trump tweet that appeared to suggest the Saudis had agreed to boost output by that amount.

from Reuters: Business News https://ift.tt/2NatXuZ