As OilPrice.com reported today, a committee of the OPEC+ group of nations (OPEC, plus a few other oil-producing nations such as Russia that also have an interest in oil prices), decided today to continue with a planned increase of 840,000 barrels per day (bpd) in July production quotas. Oil demand is expected to grow by 6 million bpd, or 6.6%, to 96.5 million bpd on average this year, OilPrice.com said, as economies open back up and demand for energy surges. By the fourth quarter this year, OPEC+ predicts global demand will surpass 99 million bpd, great news for oil stocks.