CNBC | Trump, Saudi king agree to production boost to battle rising oil prices, and offset Venezuela, Iran supply woes CNBC President Donald Trump said Saudi Arabia had consented to a production boost to offset lost supply from embattled Iran and Venezuela. While Trump said Saudi Arabia would pump up to 2 million barrels of additional oil supply, a statement from the ... Trump Asks Saudi Arabia to Increase Oil Production Trump Asks Saudi Arabia to Boost Oil Output Trump says Saudi king agreed to raise oil production up to 2 million barrels |