BFF-27 Russia, Saudi agree to extend OPEC production cut deal: Putin

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BFF-27

G20-SUMMIT-RUSSIA-SAUDI-OIL

Russia, Saudi agree to extend OPEC production cut deal: Putin

OSAKA, Japan, June 29, 2019 (BSS/AFP) – Russia and Saudi Arabia have agreed
to extend a deal to keep oil production low owing to abundant world supplies,
President Vladimir Putin said on Saturday.

“We will extend this deal, Russia and Saudi Arabia. For how long? We will
think about that. For six or nine months. It is possible that it could be up
to nine months,” Putin told reporters after a G20 summit in Osaka.

BSS/AFP/MSY/1347 hrs