Browsing Tag
Oil
108 posts
Top Oil Producing Countries Joining BRICS a Win for China & Russia
Out of the six new countries that are being inducted into the BRICS alliance, five of them are…
US & Europe To Pay in Local Currencies For Oil After BRICS Expansion?
Imagine a day when the US, Europe, and other Western allies keep local currencies as reserves to settle…
BRICS Expansion Projected To Reduce 90% Of USD Oil Sale Settlements
BRICS could shift the global power dynamics in their favor by controlling the majority of the world’s oil…
U.S. Dollar Could Fall if BRICS Pay in Local Currencies for Oil & Gas
The U.S. dollar is the world’s reserve currency and wields power in all segments of trade. It has…
BRICS: De-Dollarization Begins With Oil & Gas
The recent changes in global events indicate that BRICS could weaponize oil and gas to benefit native currencies.…
BRICS: Russia’s Crude Oil Exports Continue to Plunge Ahead of Summit
Russia bypassed the U.S. sanctions by selling crude oil at a discounted rate to Saudi Arabia and China.…
What Happens if Gulf Countries Accept BRICS Currency?
A total of 44 countries are ready to join the BRICS alliance and accept the new currency for…
Germany Warns BRICS Nations Not To Take Advantage of Russian Sanctions
Germany took a veiled attack on the BRICS alliance for taking advantage of the U.S. sanctions against Russia…
Ahead of BRICS Summit, Iraq Aims To Become World’s Largest Oil Producer
Saudi Arabia, the UAE, Kuwait, Iran, and Iraq, are among the top 10 most oil-producing countries in the…
BRICS: India To Settle Trade With UAE Using Rupee, Ditches U.S. Dollar
One of the BRICS nations, India is advancing rapidly by convincing other countries to ditch the U.S. dollar…