Saudis see oil price on rise as Trump blasts OPEC

Saudis see oil price on rise as Trump blasts OPECSaudi 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. “Looks like OPEC is at it again,” Trump tweeted.



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