# Asian Markets Dip as Oil Supply Rises | Global News

Page: https://stenobird.com/podcast/global-news-today-2-min-news-the-daily-news-now-7448525/asian-markets-dip-as-oil-supply-rises-global-news
Text version: https://stenobird.com/podcast/global-news-today-2-min-news-the-daily-news-now-7448525/asian-markets-dip-as-oil-supply-rises-global-news.md
Podcast: [Global News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/global-news-today-2-min-news-the-daily-news-now-7448525)
Published: 2026-07-06T05:42:19+00:00
Episode link: https://api.fastcast.ai/audio/687f59b7-0f6a-45e7-a2ec-adb5c03c2c25.mp3
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Duration seconds: 84

## Resource

Asian markets mixed as Tokyo and Seoul dipped amid tech sell-offs, following Wall Street’s Independence Day holiday closure. Oil prices slid slightly as OPEC+ prepares to boost output by 188,000 barrels/day in August — its fifth straight monthly increase — with Saudi Arabia, Russia, and Iraq leading the charge. Supply uncertainty persists, however, as Hormuz reopening talks stall amid Ayatollah Ali Khamenei’s funeral ceremonies. Brent crude fell 25 cents to $71.87, U.S. crude dropped 10 cents to $68.59. Meanwhile, the U.S. dollar gained against the yen to 161.92, while the euro edged lower to $1.014. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/0377e54e27d4b2d1

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