Saudi king wouldn’t last 2 weeks without United States support: Donald Trump

Trump told Saudi King he wouldn’t last ‘2 weeks’ without US support

Trump: Saudi King wouldn't last 'two weeks' without US support

"Mr Trump is very angry with some countries for not being able to replace the Iranian oil and has expressed this anger in his remarks to the Saudi king and to OPEC for not increasing output", he said. "You have to pay for your military", Trump told a campaign rally in Southaven.

Trump has yet to demand payment for keeping United States troops in the oil-rich region, but the United States president did urge them to lower oil prices in return for security last week.

Saudi Arabia is the world's top oil exporter and the de facto leader of OPEC, which has been criticised by Trump for high oil prices.

Trump criticized oil producers in his speech before the U.N. General Assembly last week.

Trump discussed with King Salman efforts to maintain supplies to ensure oil market stability as crude prices are rising.

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US President Donald Trump and Saudi Arabia's King Salman bin Abdulaziz Al Saud (R) attend the Arab Islamic American Summit in Riyadh, Saudi Arabia, May 21, 2017. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

"I love Saudi Arabia".

Saudi Arabia welcomed Mr. Trump for his first overseas trip as president.

Brent crude oil futures were at $84.89 per barrel at 0646 GMT, up 9 cents from their last close.

OPEC has so far ruled out any further production increase, beyond delivering the boost agreed in June, despite prices rallying further and more pressure from Trump.

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Traders said the rising stocks were partly due to a relentless increase in U.S. crude oil production, which has jumped by a third since mid-2016 to a record 11.1 million bpd.

The US crude oil price is pausing for breath after its strong advance ahead of US sanctions on Iran, which take effect on November 4. "We defend many of these nations for nothing, and then they take advantage of us by giving us high oil prices".

"We have been taking a very close look at the demand signals in the market, and what we have been seeing is not good, JBC Energy said on Wednesday in a note to clients". The average price for a gallon of regular gasoline in the $2.88, up from $2.55 a year ago, according to AAA.

"They'll pay us. The problem is nobody ever asks".

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