WASHINGTON (Sputnik) — During the meeting on Tuesday, Trump expressed support for US investments in Saudi Arabia and bilateral trade opportunities.
"President Trump provided his support for developing a new United States-Saudi program, undertaken by joint US-Saudi working groups, and its unique initiatives in energy, industry, infrastructure and technology worth potentially more than $200 billion in direct and indirect investments within the next four years," the statement said.
According to the US Energy Information Administration the United States exported 4.7 million barrels of oil per day to 147 countries in 2015, mostly in the form of petroleum products.
In the same year, OPEC member Saudi Arabia exported 1.1 million barrels per day of petroleum products and 7.1 million barrels per day of crude oil.