Oil prices are receding on Monday, following the announcement of OPEC+ to increase production by 548,000 barrels a day.

Slow Brent is trading at $ 68.11 per barrel, down 0.28%, while US crude (WTI) fell 0.21%to $ 66.36.

Meanwhile, the decline is limited, after Saudi Aramco has announced an increase in crude sales prices, which will hit Europe more.

In particular, the increase for buyers from Europe is $ 1.40 per barrel since July.

Asian buyers will have to pay from $ 0.90 to $ 1.30 more per barrel next month, while buyers in North America will see the lowest price increase of $ 0.20 to $ 0.40 per barrel.

Golds retreats

Gold prices are receding on Monday, after US President Donald Trump marked progress in multiple trade agreements and announced duty suspensions for several countries, reducing demand for gold traditionally a safe investment refuge.

In addition, after moving the date of starting duties on August 1 from July 9, as well as the “threats” of 10% of the duties in the countries that will support BRICS Member States, US Futures are back on Monday morning.

Dow Jones’ future fulfillment contracts were divided by 142 points or 0.31%. The Futures of the S&P 500 and the Nasdaq 100 recorded 0.47% and 0.56%, respectively.

Stock markets

Meanwhile, the most important Asian markers closed on Monday.

Nikkei and Topix fell 0.53% and 0.57%.

Hang Seng recorded losses by 0.61% and the CSI 300 suffered marginal losses by 0.12%.

In the “winners”, Kospi and Kosdaq rose 0.19% and 0.16% respectively.

European stock markets

The majority of European markets today opened with a slight decline.

The Pan -European Stoxx600 records a marginal decline of 0.03%.

The German DAX is rising 0.37%, while the French CAC fell 0.03%.

Exchange

In exchange rates, the dollar rose against the euro by 0.255%to $ 1,175.

In addition, the dollar is also winning against the pound, with a rise of 0.359% and the exchange rate to $ 1,361.