Oil prices eased on Monday after OPEC+ said it would move ahead with a planned production increase in July, reinforcing expectations of higher supply in a market already pressured by soft demand signals.

Brent crude fell about 1% to near $78 a barrel after the producer alliance kept its earlier plan intact. Traders appeared to focus on the risk that additional barrels could outweigh support from geopolitical tensions and seasonal demand trends.

The move comes as energy markets continue to weigh slowing consumption in key economies and uncertainty around the pace of global growth. Even with periodic price support from supply disruptions, investors have been cautious about the outlook for crude this summer.

Analysts will now watch whether the July increase is fully implemented and how buyers respond in the weeks ahead. Any sign that demand is weaker than expected could put further pressure on prices, while tighter supply or new disruptions could reverse some of the recent decline.