This is stated on the website of the Cabinet.

“The Russian side proposed to extend the agreement on existing conditions at least until the end of the second quarter, in order to better understand the situation with the influence of coronavirus on the global economy and oil demand,” the report said.

But, as Novak noted, despite this, "OPEC partners decided to increase oil production and fight for market share."

On March 9, oil prices fell more than 30% after the OPEC + meeting, which culminated in Russia's withdrawal from the deal.

Later, Brent and WTI crude oil recovered about a third of the collapse during the auction.