oil analyst saul kavonic from mst marquee says the meeting has sent a strong signal. i think a degree of expanding the cuts was expected but a full cut expansion and stronger cuts for russia is actually something stronger than perhaps consensus views in the market was. and what you are seeing is it really is a very strong signal of unity from 0pec+ and it was only a matter of several weeks ago, where there were questions over how unified opec could be are particularly after angola left the cartel. now we're seeing that there and it also a sign that 0pec+ are really showing a strong defence of $80 a barrel floor in pricing. what they've done here is really built a fence, surplus will keep the market in deficit with a view for demand and return more strongly in the second half, allowing cuts to be unwound and actually deficits to be sustained through the course of the year, keeping that curve, keeping prices elevated. so is this cut priced in then, or are we likely to see a bit of impact on brent prices? we have obviously seen thejump in the immediate aftermath of this.

oil analyst saul kavonic from mst marquee says the meeting has sent a strong signal.s for russia is actually something stronger than perhaps consensus views in the market was. and what you are seeing is it really is a very strong signal of unity from opec+ and it was only a matter of several weeks ago,