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Global shares are mixed and oil slips after OPEC+ plans August output hike
Global shares are mixed with European markets rising and Asian markets falling, while oil prices slipped after OPEC+ announced an August output hike. The production increase involves Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman, with uncertainty over supplies due to stalled Iran talks on the Strait of Hormuz.
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- Global shares are mixed and oil slips after OPEC+ plans August output hike
- US futures and Asian shares are mixed while oil prices decline as some exporters opt to raise output
- US futures and Asian shares are mixed while oil prices decline as some exporters opt to raise output
- US futures and Asian shares are mixed while oil prices decline as some exporters opt to raise output
- US futures and Asian shares are mixed while oil prices decline as some exporters opt to raise output