The Organization of the Petroleum Exporting Countries maintained an optimistic outlook for oil demand growth after setting out a plan to phase out some production cuts, raising concerns about whether the market can absorb the extra barrels. The Vienna-based cartel said in its monthly report it forecast oil demand to rise by 2.2 million barrels a day in 2024 and 1.8 million barrels a day in 2025, unchanged from its previous estimates. In the second half of this year, oil demand is projected to grow by an average of 2.3 million barrels per day. Jet fuel and gasoline are expected to be the...