Russian president Vladimir Putin said Saturday that Russia and Saudi Arabia have agreed to support an extension of the OPEC+ deal, which may be in force for an additional 6 to 9 months. “I want to inform you that we agreed, we will extend our agreement. We support an extension, that is Russia and Saudi Arabia,” Putin said during a press conference on the sidelines of the G20 in Osaka, Japan. He was speaking on a live telecast on the Russia 24 TV channel. He said that output cut volumes have been agreed previously, but the duration of the extension is still under discussion. “We are still thinking about for how long, 6 or 9 months, it may be for 9 months,” he added. The current OPEC+ crude production agreement includes a collective cut of 1.2 million […]