Oil climbing higher with OPEC cuts on oil production output

What's the future of the oil prices when oil prices continued to move higher, a day after spiking on news OPEC had decided to maintain current production levels for now but to cut output by half a million barrels per day in February.

If oil goes higher, then it will directly affect the bullion market investments as well. With that, the stock market all over the world will also be affected. My general observation that when oil and bullion goes low, stock markets go higher,, and when the stock markets climb higher, it's a downtime in the bullion and oil market. What you say?