August futures for WTI crude oil fell 0.95% to $ 71.13 a barrel.

Brent crude oil futures for September delivery fell 0.92% to $ 72.91 a barrel.

On July 18, the OPEC + countries agreed to increase production by 400 thousand bpd until they return 5.8 million bpd to the market, and also extended the deal until the end of 2022.