Insight

BRICS gain oil market share with expansion

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At their 22-24 August Summit, Brazil, Russia, India, China, and South Africa (BRICS) announced an unprecedented expansion of the group. The BRICS invited six nations to join the group effective January 2024. Highlights of this brief insight include the impact of the new members on the BRICS share of the oil market.

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    BRICS Gain Oil Market Share With Expansion.pdf

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