India, July 6 -- Brent Crude Oil Price Today (July 6): Global crude oil prices traded lower on Monday after OPEC+ agreed to increase production targets from August, while recovering crude exports through the Strait of Hormuz signaled improving global supply. Investors are also monitoring Middle East developments and rising Russian crude exports, both of which are influencing oil market sentiment.

Brent Crude Oil Price Today (July 6)

Brent crude futures fell 24 cents, or 0.33%, to $71.88 per barrel after ending 0.45% higher in the previous trading session. The benchmark came under pressure after OPEC+ announced another production increase from August and Gulf oil exports continued to recover, easing fears of supply shortages in the globa...