Trump Hopes Russia And Saudi Arabia To Cut Oil Production

US President Donald Trump hopes that Saudi Arabia and the Russian Federation will reduce oil production by 10 mln barrels/day.

“Just spoke to my friend MBS (Crown Prince) of Saudi Arabia, who spoke with President Putin of Russia, & I expect & hope that they will be cutting back approximately 10 Million Barrels, and maybe substantially more which, if it happens, will be GREAT for the oil & gas industry!” Trump wrote in Twitter.