From NSIDC: Daily Arctic sea ice extents for May 2016 tracked two to four weeks ahead of levels seen in 2012, which had the lowest September extent in the satellite record. Current sea ice extent numbers are tentative due to the preliminary nature of the DMSP F-18 satellite data, but are supported by other data sources. An unusually early retreat of sea ice in the Beaufort Sea and pulses of warm air entering the Arctic from eastern Siberia and northernmost Europe are in part driving below-average ice conditions. Snow cover in the Northern Hemisphere was the lowest in fifty years for April and the fourth lowest for May. Antarctic sea ice extent grew slowly during the austral autumn and was below average for most of May.
May 2016 set a new record low for the month for the period of satellite observations, at 12.0 million square kilometers (4.63 million square miles), following on previous record lows this year in January, February, and April. May’s average ice extent is 580,000 square kilometers (224,000 square miles) below the previous record low for the month set in 2004, and 1.39 million square kilometers (537,000 square miles) below the 1981 to 2010 long-term average.
During the month, daily sea ice extents tracked about 600,000 square kilometers (232,000 square miles) below any previous year in the 38-year satellite record. Daily extents in May were also two to four weeks ahead of levels seen in 2012, which had the lowest September extent in the satellite record. The monthly average extent for May 2016 is more than one million square kilometers (386,000 square miles) below that observed in May 2012.
Sea ice extent remains below average in the Kara and Barents seas, continuing the pattern seen throughout winter 2015 and 2016. Sea ice also remains below average in the Bering Sea and the East Greenland Sea. In the Beaufort Sea, large open water areas have formed near the coast and ice to the north is strongly fragmented due to wind-driven divergence. The opening began in February, continued through March, and greatly expanded in April.
The average ice loss during May 2016 was 61,000 square kilometers (23,600 square miles) per day. This was faster than the 1981 to 2010 long-term average rate of decline of 46,600 square kilometers (18,000 square miles) per day. May air temperatures at the 925 hPa level were 2 to 3 degrees Celsius (4 to 5 degrees Fahrenheit) above the 1981 to 2010 average across most of the Arctic Ocean, with localized higher temperatures in the Chukchi Sea (4 to 5 degrees Celsius or 7 to 9 degrees Fahrenheit) and in the Barents Sea (4 degrees Celsius or 7 degrees Fahrenheit). Air pressure patterns were not particularly unusual, but two areas of southerly winds in northern Europe and Alaska pushed higher than average temperatures into the Arctic Ocean, producing hot spots noted above and generally above-average temperatures across the Arctic. Only over central Siberia were temperatures lower than the 1981 to 2010 average.
Full report here: https://nsidc.org/arcticseaicenews/2016/06/low-ice-low-snow-both-poles/
While certainly interesting, a record low for a single month may not be an accurate predictor for a record low extent at the end of the melt season, typically around the Fall equinox in September. Arctic Sea ice is highly subject to the vagaries of wind and weather, so its very hard to predict a final outcome. More charts and graphs at the WUWT Sea Ice Page