Summary
The U.S. government has quietly asked Saudi Arabia and some other producers of the Organization of Pthe etroleum Exporting Countries to increase oil production by about 1 million barrels a day, according to people familiar with the matter. The rare request came after U.S. retail gasoline prices surged to their highest in more than three years and U.S. President Donald Trump publicly complained about OPEC policy and rising oil prices on Twitter.
It also follows the U.S. decision to reimpose sanctions on Iran's crude exports that had previously displaced about 1 million barrels a day, or just over 1 percent of global production.
While U.S. lawmakers have often criticized OPEC at times of high oil prices, and the government has on occasion encouraged the cartel to pump more, it's unusual for Washington to ask for a specific output hike, the same people said, asking not to be named discussing private conversations.
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