The last trading week of June started with muted optimism as European
stock indexes went down, crude prices were falling, a lot of pressure are in
the U.S. stock market too.
Nevertheless, on step back might be a good idea ahead of important
events in the second half of this week, to give a room for the further growth
just before these events would start.
We are expecting an OPEC+ meeting on Thursday, where additional 250,000-500,000
barrels per day crude production increase starting August would be discussed.