Protocol to June 3, OPEC+ extended its production cut agreement in an attempt to support fragile markets, but also set a date for resuming some oil supplies later this year. The protocol reached in Riyadh on Sunday exceeded market expectations in some respects, extending what key member states such as Saudi Arabia and Russia called "voluntary" production cuts into next year. However, it will also begin easing supply cuts in October, earlier than some OPEC watchers expected. The market reaction to the conference was mixed, with Amrita Sen, head of research and co-founder of Energy Aspects, saying: "This will reduce our oil reserves by a significant part this year and next." She believes that the protocol allows OPEC+ to continue to control the market. Others expressed concern about the market's ability to absorb additional crude in October.