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The garments and textiles industry is showing signs of improvement as recovery in key export markets leads to a boost in orders.
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That's according to an estimate by the international energy agency, which said demand reached an all—time high of 103 million barrels a day. and the agency suggests demand could reach a fresh peak in the month of august. here's our business reporter david waddell. global oil demand first passed through 100 million barrels a day in 2019 but the impact of the covid pandemic hit demand hard. at one point in the april of 2020, the price of a barrel of brent crude fell to $22.4. it's much higher now — on friday, the market price closed at $85.5. that's a price that buyers are happy to accept on...
Price of a barrel of brent crude fell to $22.4. it is much higher now. on friday, the market price closed at $85.5. a prize by as to accept on the world markets. june saw an estimated aggregate demand of 103 barrels per day. so why is demand so high? i put that question to the independent energy analyst cornelia miah.— to the independent energy analyst cornelia miah. well, the economy is doinu a cornelia miah. well, the economy is doing a little — cornelia miah. well, the economy is doing a little bit _ cornelia miah. well, the economy is doing a little bit better _ cornelia miah. well, th...