Latest stories tagged “global market”
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) have approved an increase of 188,000 barrels per day (bpd) in oil production quotas for August. This decision is part of a phased plan to gradually restore crude supplies to the global market.
According to the International Air Transport Association (IATA), African airlines experienced an 8.9% increase in passenger demand in May 2026, contrasting with a 2.2% decline in global market demand. This data highlights the resilience of the African aviation sector amid broader challenges faced by the global airline industry.
Kenya's Purple Tea, known for its unique characteristics, has officially debuted in Paris, highlighting a significant step in its global recognition and positioning. This event marks an important milestone for the tea's market presence internationally, according to Soko Directory.