OPEC output rises to 32.82mbpd in June - Reuters

30 June 2016, 15:42
Sherif Hasan

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.

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