US oil state senators to talk crude markets with Saudi officials Saturday - Reuters

Dhwani Mehta FXStreet

Citing a source familiar with the planning, Reuters said on Tuesday the Republican US senators will hold a call with Saudi Arabia’s officials on Saturday.

Key details (via Reuters)

“The Senators have introduced a bill that would remove US defense systems and troops in Saudi Arabia unless it cuts oil output.

Senators Kevin Cramer and Dan Sullivan will hold a call with the officials two days after a scheduled OPEC+ meeting in which Saudi Arabia and Russia are expected to agree an output cut.

stabilization of global oil markets would be discussed but had no more details.”

OPEC no longer “price-setter” in shale age - Goldman Sachs

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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