According to a report by a Saudi news site, Saudi Arabia has agreed to increase oil production.
During a speech at the opening of a summit with Arab leaders, Saudi Arabia's crown prince agreed to increase production by about 4 million barrels a day.
Western allies and the US should have a closer relationship, according to Saudi Arabia's crown prince.
Biden has previously pledged to make Saudi Arabia a "pariah state" for its alleged involvement in the murder of a journalist. After he denied personal responsibility for the killing, the President repeated the assertion.
Following Russia's invasion of Ukraine, Saudi Arabia's importance as an energy producer has increased.
The Middle Eastern nation is the top oil exporting country to the US.
Saudi Arabia is expected to produce 9 million barrels of oil a day in 2021. When the swine flu hit, it and other nations in the oil cartel agreed to increase production to regulate prices.
The price of oil spiked after Russia invaded Ukraine, but has since fallen.
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