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Download And Shared Diagram BRICS 11 Oil Market

https://files.catbox.moe/3ghbo0.jpg

https://archive.md/H1sLJ

https://web.archive.org/web/20230831044610/https://files.catbox.moe/3ghbo0.jpg


Source, Data, Calculations

In the attached diagram, simply add up the oil market percentage % for all countries displayed in Red, Green, and Yellow. Total is roughly 80% of the total world oil market known reserved.

https://files.catbox.moe/3ghbo0.jpg

https://en.wikipedia.org/wiki/List_of_countries_by_proven_oil_reserves#/media/File:Map-of-countries-by-proven-oil-reserves-(in-millions-of-barrels)---2017---US-EIA---Jo-Di-graphics.jpg

https://en.wikipedia.org/wiki/List_of_countries_by_proven_oil_reserves#Countries

Currently comprised of Brazil, Russia, India, China, and South Africa, BRICS announced at the Johannesburg summit that Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates will officially join in January 2024.

America has lost any control it had over oil prices for the foreseeable future," stated Irish economist Philip Pilkington in an article for the British portal UnHerd.

https://www.tasnimnews.com/en/news/2023/08/25/2946725/brics-expansion-to-shift-global-energy-market-power-data-shows

In terms of oil reserves, BRICS will also control nearly half of the world’s total, 719.5 billion barrels out of 1.6 trillion. If Venezuela, which has also recently applied for membership, is accepted into its ranks, the group’s control will be even greater – around 65.4%. In comparison, the G7 group of leading economies (The US, UK, Germany, Italy, Canada, France, and Japan) controls only 3.9% of known crude reserves.

https://www.theburningplatform.com/2023/08/26/expanded-brics-to-dominate-global-energy-markets/

https://web.archive.org/web/20230826132648/https://www.theburningplatform.com/2023/08/26/expanded-brics-to-dominate-global-energy-markets/

Based on 2022 figures from the Energy Institute Statistical Review of World Energy, BRICS’ share of oil production will grow from 20.4% to 43.1%.

https://www.visualcapitalist.com/visualizing-the-brics-expansion-in-4-charts/

https://web.archive.org/web/20230831045253/https://www.visualcapitalist.com/visualizing-the-brics-expansion-in-4-charts/

https://www.forbes.com/sites/davidblackmon/2023/08/28/8-consequential-energy-implications-of-the-brics-expansion/?sh=71faedcc1bfe


More Red Pill Memes And Diagrams

https://www.visualcapitalist.com/cp/animated-chart-g7-vs-brics-by-gdp-ppp/

https://web.archive.org/web/20230831045253/https://www.visualcapitalist.com/visualizing-the-brics-expansion-in-4-charts/


Attribution

Thanks to Benjamin for the link

1 year ago
1 score
Reason: None provided.

Download And Shared Diagram BRICS 11 Oil Market

https://files.catbox.moe/3ghbo0.jpg

https://archive.md/H1sLJ

https://web.archive.org/web/20230831044610/https://files.catbox.moe/3ghbo0.jpg


Source, Data, Calculations

Currently comprised of Brazil, Russia, India, China, and South Africa, BRICS announced at the Johannesburg summit that Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates will officially join in January 2024.

America has lost any control it had over oil prices for the foreseeable future," stated Irish economist Philip Pilkington in an article for the British portal UnHerd.

https://www.tasnimnews.com/en/news/2023/08/25/2946725/brics-expansion-to-shift-global-energy-market-power-data-shows

In terms of oil reserves, BRICS will also control nearly half of the world’s total, 719.5 billion barrels out of 1.6 trillion. If Venezuela, which has also recently applied for membership, is accepted into its ranks, the group’s control will be even greater – around 65.4%. In comparison, the G7 group of leading economies (The US, UK, Germany, Italy, Canada, France, and Japan) controls only 3.9% of known crude reserves.

https://www.theburningplatform.com/2023/08/26/expanded-brics-to-dominate-global-energy-markets/

https://web.archive.org/web/20230826132648/https://www.theburningplatform.com/2023/08/26/expanded-brics-to-dominate-global-energy-markets/

Based on 2022 figures from the Energy Institute Statistical Review of World Energy, BRICS’ share of oil production will grow from 20.4% to 43.1%.

https://www.visualcapitalist.com/visualizing-the-brics-expansion-in-4-charts/

https://web.archive.org/web/20230831045253/https://www.visualcapitalist.com/visualizing-the-brics-expansion-in-4-charts/

https://www.forbes.com/sites/davidblackmon/2023/08/28/8-consequential-energy-implications-of-the-brics-expansion/?sh=71faedcc1bfe


More Red Pill Memes And Diagrams

https://www.visualcapitalist.com/cp/animated-chart-g7-vs-brics-by-gdp-ppp/

https://web.archive.org/web/20230831045253/https://www.visualcapitalist.com/visualizing-the-brics-expansion-in-4-charts/


Attribution

Thanks to Benjamin for the link

1 year ago
1 score
Reason: None provided.

Download And Shared Diagram BRICS 11 Oil Market

https://files.catbox.moe/3ghbo0.jpg

https://archive.md/H1sLJ

https://web.archive.org/web/20230831044610/https://files.catbox.moe/3ghbo0.jpg


Source, Data, Calculations

In terms of oil reserves, BRICS will also control nearly half of the world’s total, 719.5 billion barrels out of 1.6 trillion. If Venezuela, which has also recently applied for membership, is accepted into its ranks, the group’s control will be even greater – around 65.4%. In comparison, the G7 group of leading economies (The US, UK, Germany, Italy, Canada, France, and Japan) controls only 3.9% of known crude reserves.

https://www.theburningplatform.com/2023/08/26/expanded-brics-to-dominate-global-energy-markets/

https://web.archive.org/web/20230826132648/https://www.theburningplatform.com/2023/08/26/expanded-brics-to-dominate-global-energy-markets/

Based on 2022 figures from the Energy Institute Statistical Review of World Energy, BRICS’ share of oil production will grow from 20.4% to 43.1%.

https://www.visualcapitalist.com/visualizing-the-brics-expansion-in-4-charts/

https://web.archive.org/web/20230831045253/https://www.visualcapitalist.com/visualizing-the-brics-expansion-in-4-charts/

https://www.forbes.com/sites/davidblackmon/2023/08/28/8-consequential-energy-implications-of-the-brics-expansion/?sh=71faedcc1bfe


More Red Pill Memes And Diagrams

https://www.visualcapitalist.com/cp/animated-chart-g7-vs-brics-by-gdp-ppp/

https://web.archive.org/web/20230831045253/https://www.visualcapitalist.com/visualizing-the-brics-expansion-in-4-charts/


Attribution

Thanks to Benjamin for the link

1 year ago
1 score
Reason: None provided.
1 year ago
1 score