BRICS Nations Hold Key Role in Global Commodity Landscape with Dominance in Oil, Coal, and Natural Gas Production

BRICS gains increased significance in the global commodities landscape as they collectively contribute to 42% of global oil production, 68% of global coal production, and 38% of global natural gas production.

In 2024, BRICS (Brazil, Russia, India, China, South Africa) is going to be joined by 6 nations, namely:

1. Iran
2. Saudi Arabia
3. UAE
4. Egypt
5. Argentina
6. Ethiopia

This alliance now becomes even more important for global commodities, given that together they account for:…

— Bravos Research (@bravosresearch) November 17, 2023