OPEC could take ‘further steps’ on oil output, White House official says ahead of Biden visit to Saudi Arabia

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OPEC could take ‘further steps’ on oil output, White House official says ahead of Biden visit to Saudi Arabia
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U.S. President Joe Biden will make a stop in Saudi Arabia, pushing energy policy into the spotlight as the United States and other countries face soaring fuel prices that are driving up inflation.

U.S. President Joe Biden will make the case for greater oil production from OPEC nations to bring down gasoline prices when he meets Gulf leaders in Saudi Arabia this week, White House national security adviser Jake Sullivan said on Monday.

Sullivan said members of the Organization of the Petroleum Exporting Countries have the capacity to take “further steps” to increase oil production despite suggestions from Saudi Arabia and the United Arab Emirates that they can barely increase oil production. “I think that a surge in Saudi production seems unlikely. I expect some anodyne statements from Saudi Arabia about helping to balance the global oil market, meet global demand, support economic growth and stability among the import countries,” said Ben Cahill, a senior fellow at the Center for Strategic and International Studies.

Sullivan, briefing reporters at the White House, said Biden has not expressed regret about previously referring to Saudi Arabia as a “pariah” for the Khashoggi death.

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