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Neither the Saudi energy minister nor the secretary-general of OPEC have discussed oil price cuts with President Donald Trump, sources told The Wall Street Journal, denying the statement of the American leader.
Earlier Friday, Trump had told the press that he had "called" OPEC and urged the group of producers to take action to cut fuel costs.
"I called OPEC, I said:" You have to bring them down. "You have to bring them down," and the gasoline will go down, "he said. Trump said, mistakenly claiming that gasoline prices were falling.
Oil prices fell by more than 4% as a result of Trump's comment.
When the president made these remarks, it was unclear whether Trump meant that he had contacted the OPEC secretariat in Vienna or was referring to members of the organization. 39; OPEC as Saudi Arabia and the United Arab Emirates, which are close allies.
But as the day went on, it was hard to know who was on the other line with Trump. The White House has not sent back requests for clarification.
OPEC Secretary General Mohammed Barkindo did not discuss the matter with Trump, nor did Saudi Energy Minister Khalid al-Falih say. in the Journal of Sources close to the situation.
Saudi officials said the Trump Journal had not spoken with Crown Prince Mohammed bin Salman. Venezuelan Petroleum Minister Manuel Quevedo, who currently holds the rotating presidency of OPEC, did not participate in the discussion, said one of the country's oil officials.
CNBC was not able to immediately contact OPEC for comments. The Saudi Embbady did not immediately return a request for comment.
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