Browsing Tag
Oil
108 posts
BRICS: India Refuses To Pay Chinese Yuan for Oil, Prefers US Dollar
Cracks are developing between the top three BRICS members India, China, and Russia over payment options for Russian…
BRICS: Venezuela Looks To Abandon the Dollar, Then US Eases Sanctions
The US pressed sanctions on Venezuela in 2018 and banned its state-run oil company PDVSA from exporting to…
What Happens If BRICS Asks US & Europe To Pay Local Currency For Oil?
The BRICS alliance inducted six new countries into the bloc during the 15th summit in Johannesburg in August…
BRICS: Payments in U.S. Dollar Decline By 25% For Russian Oil
The BRICS alliance is making use of the U.S. sanctions against Russia by procuring crude oil at discounted…
BRICS: China & India Ditch US Dollar For Oil, Save $17 Billion
BRICS countries China, India, Saudi Arabia, and the UAE are benefiting immensely from the US economic sanctions pressed…
U.S. Dollar Outperforms All 11 BRICS Currencies & Gold
The U.S. dollar has outperformed all the 11 BRICS currencies in the last 3 months in the forex…
BRICS: China Saves $10 Billion By Purchasing Laundered Oil
The US pressing sanctions against BRICS member Russia is helping China save billions of dollars for oil purchases.…
BRICS: Leading Oil Company Ditches US Dollar, Accepts Local Currency
BRICS is looking to topple the U.S. dollar global reserve status by controlling a major portion of the…
BRICS Global Oil Supply Rises From 30% To 41% In 2023
The global oil supply of the BRICS alliance has been experiencing a sharp rise in 2023. The BRICS…
BRICS Vision 2030: Dominate Oil, Accumulate Gold & Suffocate US Dollar
BRICS is now an 11-member alliance after the bloc inducted six new countries into the group during the…