The decision is in
Reuters cites an OPEC source who says the cuts will be extended to March 2020.
It's not a surprise at this point. It's been rumored/reported all day. This just brings it another step closer to being official.
In the bigger picture, the talk was 6-9 months so this is at the long end and it's bullish. WTI and Brent are both up 2% today but you can argue that half of that is the trade truce.
