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) (MAY 11-15, 2026). [XAUUSD]: Weekly Liquidity Activation Points (timings) (MAY 11-15, 2026).](https://c.mql5.com/6/1004/splash-preview-769840.jpg)
