Oil prices dip as Reuters reports steady OPEC output ahead of global cuts

Oil fell slightly after Reuters noted steady OPEC output and surprising US inventory builds that cooled short-term supply concerns.

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Oil prices dip as Reuters reports steady OPEC output ahead of global cuts

Oil prices dip as Reuters reports steady OPEC output ahead of global cuts
Oil futures slipped on Friday after Reuters reported that OPEC supply held steady in the latest survey, easing concerns about short-term shortages. Brent traded marginally lower near $80 as traders assessed compliance levels ahead of scheduled global production cuts. 
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  • commodities