BRICS: 19 billion oil boost! Brazil will become an energy giant in 2025

BRICS: 19 billion oil boost! Brazil will become an energy giant in 2025

Gigantic coup in the oil sector! The powerful BRICS group, which has recently become a global political force, plans to pump an incredible $19 billion into increasing its oil production by 2025. At the forefront of this mega-project is Brazil, which will take over the chairmanship of the alliance next year. With this bold move, the group continues its rise into the global energy league and impressively shows the world how to put oil on the road to success.

Increased production is expected to reach 3.6 billion barrels per day, which could see Brazil earn a whopping 120 billion reales next year, the Brazilian Petroleum Institute (IBP) reported. “We are well on the way to not only becoming an energy superpower, but also becoming more important as a traditional energy source,” says IBP President Roberty Ardenghy. The ambitious plan was intended to further consolidate the status of the BRICS in the global economic structure, as the watcher.guru report explains.

This oil move marks another milestone on the path to global dominance. BRICS has increased its membership twice in the last two years and is constantly looking for new ways to expand its economic dominance. And all this while they are stealing more and more market share from the US dollar. Will the BRICS group finally become the world's oil crown? It remains exciting!