Oil markets moved sideways in cautious trading early on Friday ahead of an OPEC decision likely to keep the market oversupplied and setting aside warnings of a second lurch lower in prices as some members like Iraq and Iran look to ramp up exports. Front-month Brent futures were trading at $62.08 per barrel at 0049 GMT on Friday, five cents above its previous settlement, while U.S. crude futures dipped 5 cents to $57.95.