The Joint Technical Committee (JTC) of the OPEC+ group maintained at a meeting on Monday its outlook for global oil demand growth at around 6 million barrels per day (bpd) this year, two OPEC+ sources told Reuters . The committee meets ahead of the monthly ministerial meetings of the OPEC+ alliance and takes stock of the market developments, inventories, and compliance rates, and, when asked, gives recommendations for policy actions to the meetings of the ministers the following days. OPEC itself said in its Monthly Oil Market Report in May that it was optimistic that accelerating vaccination programs and rising fuel demand would raise global oil demand by 5.95 million bpd this year despite the COVID crisis in India, and kept its demand outlook unchanged from April. The JTC meeting precedes the meeting of the Joint Ministerial Monitoring Committee (JMMC), which is scheduled to take place on Tuesday, June […]