7/15, 7:34 PM (Source: TeleTrader)
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US says not to expect oil deal with Riyadh

United States National Security Advisor Jake Sullivan said on Friday that a deal between Washington and Riyadh on oil production is not likely to be announced during US President Joe Biden's visit to Saudi Arabia.

The OPEC+ alliance will make the next move when it comes to oil output, he told American reporters, according to CNBC's White House correspondent.

US President Joe Biden fist bumped with Saudi Arabia's Crown Prince Mohammed bin Salman ahead of today's meeting between the two leaders and their delegations. Biden claimed previously that he won't be meeting with the crown prince separately.

Baha Breaking News (BBN) / MS