Oil prices have continued to teeter upwards off the back of OPEC+’s monthly meeting on Tuesday, after the alliance’s Joint Ministerial Monitoring Committee (JMMC) signaled that there would be no acceleration in the plans to boost to July oil production by 840,000 barrels per day. Current levels, however, are more of an indicator of economic resurgence, rather than a sustainable outlook for the price of oil. It won’t be long before the dynamics of the energy transition start to outweigh this rally. As of 9am on Wednesday, the benchmark price for Brent Crude was up 4.4% compared to the week prior, sitting at $70.46 per barrel, while WTI Crude was up 3% to $68.00 per barrel. The upwards drive is…