Oil dips on uncertainty over producers’ commitment to output cuts

Oil dips on uncertainty over producers’ commitment to output cuts

OPEC+ will meet on Saturday to discuss extending output cuts, Algeria's Ennahar TV channel reported on Friday citing an OPEC source.. "The oil group is struggling to find consensus around extending deep output cuts," ANZ Research said in a note.. "The growing fear is that not only will a deal to extend the deep cuts not be reached, but producers may even relax their current over-compliance..