Major Asia markets fall more than 1%; Oil prices slip around 2% after OPEC and allies reach a deal
Shares in Asia-Pacific fell on Monday 27th Jun.
Investors watched for movements in oil after OPEC and its allies reached a deal on Sunday to phase out 5.8 million barrels per day of oil production cuts by September 2022.
In the afternoon of Asia trading hours on Monday, international benchmark Brent crude futures slipped 1.35% to $72.60 per barrel. U.S. crude futures also declined 1.42% to $70
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