Macron tells Biden that UAE, Saudi can barely raise oil output

U.S. President Joe Biden and French President Emmanuel Macron attend the G7 leaders summit at the Bavarian resort of Schloss Elmau castle, near Garmisch-Partenkirchen, Germany, June 27, 2022. REUTERS/Lukas Barth/Pool

GARMISCH-PARTENKIRCHEN, Germany (Reuters) -French President Emmanuel Macron said on Monday the president of the United Arab Emirates, Sheikh Mohammed bin Zayed al-Nahyan (MbZ), had told him two top OPEC oil producers, Saudi Arabia and the United Arab Emirates, can barely increase oil production.

"I had a call with MbZ," Macron was heard telling U.S. President Joe Biden on the sidelines of the G7 summit.