Weekend oil news - Russia, Saudi Arabia agree to extend their oil (OPEC+) deal

An ICYMI from the weekend (Saturday)

• Russia and Saudis to extend their oil pact into 2019
• Russian President Putin announced the extension after meeting with Saudi Crown Prince Mohammed bin Salman
• OPEC meet next week in Vienna to discuss output cuts

No confirmation as yet from the two of cuts, but that would seem likely.