Glut feeling
Published: July 6, 2026
Duration: 10:36
OPEC+ approves another production quota increase of 188,000 barrels per day, adding to market bets on a supply glut. Chip stocks are also in focus, with Samsung set to report blockbuster earnings and SK Hynix launching its Nasdaq listing. And the NATO summit puts Ukraine back in the spotlight.
Today’s recommended read: OPEC+ to boost crude output, but can it deliver and who will buy?, Clyde Russell
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