Insight
BRICS gain oil market share with expansion
Report summary
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.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Commodity Market Report
Macro oils short-term outlook: December 2023
We expect significant adherence to the OPEC+ agreement in Q1 2024, but downside risks to demand could curtail price recovery
$2,000
Commodity Market Report
Global products market weekly: Margins broadly stable as market awaits clarity on demand outlook and the outcome of OPEC+ supply cuts
Weekly review of global refining margins across NW Europe, the Med, US Gulf Coast, New York Harbour, Singapore and the Middle East Gulf.
$1,050
Commodity Market Report
Latin America and the Caribbean product markets short-term outlook December 2023
This monthly update incorporates crude runs, yields, and product-by-product supply-demand balances through to end-2025 for Latin America.
$1,900
