ICE Brent September crude futures settled at $72.12 per barrel.

Samsung Electronics intends to raise average DRAM selling prices by roughly 20% quarter-on-quarter in Q3, suppliers said. One consumer electronics OEM said Samsung discussed the move in June and has begun issuing verbal price notices to some customers. Suppliers warned higher upstream component costs will be passed into device prices and could temper demand, though they expect limited impact on consumer purchases given current low retail price levels. A separate industry source also confirmed Samsung has orally quoted select clients for a 20% Q3 DRAM increase.

On July 4 local time the press office of the National Police in Mykolaiv Oblast said a passenger minibus collided with a truck in the region, killing nine people and injuring eight. Police and emergency crews have been dispatched to the scene to conduct on-site examinations and investigate the cause.