Oil extends losses after Opec+ postpones meeting

London — Oil prices dipped on Thursday, extending losses from the previous session, after Opec+ postponed a meeting, triggering speculation that the group will maintain current output as several African members are opposed to further cuts. Brent futures were down 85c, or about 1%, at $81.11 a barrel by 9.16am GMT, after falling as much as 4% on Wednesday. West Texas Intermediate slid 71c, also about 1%, to $76.39, after declining as much as 5% in the previous session. Opec+, which comprises the organisation and allies including Russia, caught markets by surprise on Wednesday when it delayed a ministerial meeting to November 30. Producers — mainly three African countries — were struggling to agree on output levels and hence possible…