Browsing Tag
Oil
108 posts
BRICS: Oil Prices Remain Under Pressure as U.S. Dollar Strengthens
The U.S. dollar reached a 10-month high against all local currencies, including the BRICS bloc, and the USD…
BRICS: Top Oil Producer Ditches US Dollar, Accepts Only Local Currency
BRICS member Russia is evading US sanctions by accepting local currencies as payment for exports and not the…
BRICS: Saudi Arabia Looks To Acquire International Oil & Gas Assets
The new BRICS member Saudi Arabia is looking to acquire international oil and gas assets across Europe, South…
BRICS: Russia and China Oil Sales Up 26% Without US Dollar
In what is an important development for the BRICS bloc, Russia and China’s oil sales are up 26%,…
BRICS Influence in Oil Sector Grows, Puts US Dollar in Danger
BRICS is flexing its arms as its influence in the oil sector grows rapidly after the expansion in…
2 BRICS Countries Settle Oil Trade in Local Currency, Ditch US Dollar
The BRICS alliance is advancing by putting local currencies at the forefront of global trade, not the US…
BRICS: What Happens if Saudi Arabia Stops Accepting US Dollar for Oil?
The BRICS alliance inducted six new countries into the bloc at the 15th summit in Johannesburg last month.…
BRICS: Top Oil Trader Predicts Future of the U.S. Dollar
The BRICS alliance is looking to topple the U.S. dollar by controlling the global oil and gas sector.…
BRICS: U.S. Dollar Losing Dominance in the Global Oil Sector
The BRICS alliance kicked off the de-dollarization process by inducting oil-producing countries into the bloc. BRICS aims to…
How Much Oil & Commodity Expanded BRICS Control?
BRICS grew from a five-member nation to an 11-group country after the 15th summit in Johannesburg last month.…