Sep 07 2018, 2:18 PMSep 07 2018, 7:50 PMSeptember 07 2018, 2:18 PMSeptember 07 2018, 7:50 PM
Saudi Arabia increased oil exports to the country to a four week average of one million bpd last week in response to Trump government calls to keep oil prices down . By lowering the price from $ 200 per barrel to just 20 percent , the Saudis ' were able to persuading US refiners to buy more and even double exports from a 30-year low in October last year of 506,000 bpd . The oil exports allowed Saudi Arabia to regain its market share with the US , and represents half of Saudi Arabia ’s output increase following the OPEC production increase agreement .