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.


![[XAUUSD]: Weekly Liquidity Activation Points (timings), June 22-26, 2026 [XAUUSD]: Weekly Liquidity Activation Points (timings), June 22-26, 2026](https://c.mql5.com/6/1013/splash-preview-771790.png)