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Reuters Morning Bid

Reuters Morning Bid

Glut feeling

Reuters Morning Bid · Jul 6, 2026 · 10:36

0:0010:36

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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

Subscribe to Mike Dolan's Morning Bid newsletter, and check out his columns on Reuters Open Interest

Read more from Amanda Cooper and Anna Szymanski

Produced by Eliza Davis Beard and Abisoye Adelusi

Sound engineering and music by Sebastian and Josh Sommer

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Episodes: Reuters Morning Bid

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