OPEC output rises to 32.82mbpd in June - Reuters

Another survey from Reuters

  • June output up 250kbpd

  • Output led by Nigeria, Iran, Saudi Arabia and UAE

  • Higher output held back by lower production in Iraq and Venezuela

The rally this year looks like it's taking a pause as we knock around between 46 & 51

Brent crude daily chart

Technically you can play the edges or go with a break.

Best in 2026

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access