"The agreement will be valid until April 30, 2022, however, the extension of this agreement will be considered in December 2021," - quotes a fragment from a RIA Novosti document.
According to Interfax, the next OPEC + meeting will be held on June 10 in the format of a webinar to determine further actions to stabilize the market.
On April 12, OPEC + countries signed an agreement to reduce oil production by 9.7 million barrels per day from May 1, 2020 by two years.
The Russian Ministry of Energy specified that under the new OPEC + deal, Russia will reduce oil production by 2.5 million barrels per day in May and June to the level of 8.5 million barrels per day.