Commodities Oil dips after rally, OPEC may ease supply curbs Updated : May 23, 2018 06:46 AM IST Brent futures dipped 4 cents to $79.53 a barrel. Last week, the global benchmark hit $80.50 a barrel, the highest since November 2014. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.