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International benchmarks for crude oil were nosedived on Monday, 19 July 2021 after OPEC+ allies finalized the agreement to increase production output by 400,000 barrels per day. In the meantime, the delta COVID-19 variant is threatening a fresh mobility restriction around the world.

Brent fell $4.97 to $68.62/barrel.

WTI dived $5.39 to $66.42/barrel.