# OPEC+ JTC keeps 2021 oil demand growth forecast unchanged - Markets - Business Recorder

> The OPEC+ Joint Technical Committee kept its 2021 global oil demand growth forecast at about 6 million bpd, according to two sources. The committee met ahead of a ministerial meeting on Tuesday. The forecast was unchanged from its previous assessment.

- Date: 2021-05-31 · published 2021-05-31T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/47017-opec-jtc-keeps-2021-oil-demand-growth-forecast-unchanged-markets-business
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

An unchanged demand forecast gives no new signal on crude demand, so prices are unlikely to move on this alone. Attention stays on the ministerial decision on supply.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2018-02-21 | [IEA, EIA, OPEC differ on 2018 supply, demand growth - BusinessDay NG, TV, and Podcast](https://feedsoft.ai/events/66687-iea-eia-opec-differ-on-2018-supply-demand-growth-businessday-ng-tv-and-podcast.md) | +1.7% | +2.4% |
| WTI | 2025-07-01 | [OPEC trims 2025 oil demand growth estimate but hikes ‘call’ on its crude](https://feedsoft.ai/events/24393-opec-trims-2025-oil-demand-growth-estimate-but-hikes-call-on-its-crude.md) | +4.3% | +2.3% |
| WTI | 2024-02-15 | [Oil demand growth slowing as non-OPEC supply expands, says IEA \| Reuters](https://feedsoft.ai/events/31840-oil-demand-growth-slowing-as-non-opec-supply-expands-says-iea-reuters.md) | +3.1% | +6.4% |
| WTI | 2024-12-12 | [Oil settles flat; markets weigh IEA surplus forecast, rate cut optimism \| Reuters](https://feedsoft.ai/events/27118-oil-settles-flat-markets-weigh-iea-surplus-forecast-rate-cut-optimism-reuters.md) | +0.4% | +9.3% |
| WTI | 2018-01-31 | [Oil rebounds, ends up on gasoline demand, OPEC compliance](https://feedsoft.ai/events/67146-oil-rebounds-ends-up-on-gasoline-demand-opec-compliance.md) | -1.8% | -4.8% |
| BRENT | 2018-02-21 | [IEA, EIA, OPEC differ on 2018 supply, demand growth - BusinessDay NG, TV, and Podcast](https://feedsoft.ai/events/66687-iea-eia-opec-differ-on-2018-supply-demand-growth-businessday-ng-tv-and-podcast.md) | +3.3% | +2.7% |
| BRENT | 2025-12-11 | [OPEC Keeps 2026 Oil Supply, Demand Outlook Steady in Latest Report - Bloomberg](https://feedsoft.ai/events/21426-opec-keeps-2026-oil-supply-demand-outlook-steady-in-latest-report-bloomberg.md) | -4.0% | +2.5% |
| BRENT | 2024-02-15 | [Oil demand growth slowing as non-OPEC supply expands, says IEA \| Reuters](https://feedsoft.ai/events/31840-oil-demand-growth-slowing-as-non-opec-supply-expands-says-iea-reuters.md) | +1.1% | +1.2% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40096592

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.