Oil falls, weighed by the OPEC+ decision to increase output again. After a virtual meeting on Sunday, the group said it'll hike production by about 188,000 barrels a day in August, marking fifth consecutive monthly increase. However, "even amid reopening of the Strait [of Hormuz], members may struggle to utilise the additional capacity due to ongoing risks to their vessels," ANZ Research analysts say in a report. "Over the weekend, several vessels were seen suddenly turning around as they tried sailing through the strait along the Omani route," the analysts note. Front-month WTI crude oil futures are 0.6% lower at $68.29 per barrel; front-month Brent crude oil futures are 0.7% lower at $71.64 a barrel. (ronnie.harui@wsj.com)