Browsing Tag
Oil
108 posts
BRICS: India Gets Reality Check, Ditching US Dollar Becomes Impossible
BRICS member India had convinced 22 countries to accept the Rupee for international trade and ditch the US…
BRICS: Russian Oil Exports to India Rise 2,200%, Saves Them $7 Billion
BRICS members India and Russia are initiating crude oil deals that will save them billions of dollars this…
BRICS: UAE Ditches U.S. Dollar for Oil Trade
The United Arab Emirates (UAE) is asking BRICS countries to settle oil trade in local currencies and not…
BRICS: Less Than 10% Of Russian Oil Sold In US Dollars
The White House pressed sanctions against Russia in February 2022 for its role in invading and waging war…
BRICS: 15 Countries to Ditch US Dollar for Oil Trade?
New BRICS member, The United Arab Emirates (UAE) is looking to settle oil payments in local currencies and…
BRICS: UAE to Ditch US Dollar in New Oil Deals
The BRICS economic alliance has seemingly prioritized its de-dollarization efforts, leading the United Arab Emirates (UAE) to seemingly…
BRICS: What Happens if Saudi Arabia Ditches US Dollar for Oil?
Saudi Arabia’s induction into the BRICS alliance threatens the US dollar’s prospects as the de-facto currency for oil…
BRICS Advancing To Create Non-US Dollar Oil Trade
The BRICS expansion is historic as the alliance inducted six new countries in August during the 15th summit…
Saudi Arabia’s GDP Hit by Oil Supply Cuts: 4.5% Yearly Decline in Q3
Preliminary data shows that Saudi Arabia’s economy saw a 4.5% year-on-year decline in the third quarter. This marks…
BRICS: Saudi Arabia Lines Up New Trade Deals Beyond Oil
The new BRICS member Saudi Arabia is seeking to expand its trade deals beyond the traditional oil and…