Home Business Oil dips on global economy jitters, but OPEC output cuts offer some... Business Oil dips on global economy jitters, but OPEC output cuts offer some support By Genpie - February 8, 2019 250 0 Facebook Twitter Google+ Pinterest WhatsApp Oil markets dipped on Friday, dragged down by concerns over a global economic slowdown although supply cuts led by producer club OPEC and U.S. sanctions against Venezuela provided crude with some support.