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BRIC’s rising energy superpower – Brazil

Posted on 02 April 2013

The BRIC (Brazil, the Russian Federation, India and China) is an interesting political and economic conglomeration. Currently, only the Russian Federation is a major oil exporter, while the ongoing prosperity of both China and India depends on continued access to reliable sources of oil and natural gas imports.
The BRIC acronym is sometimes expanded to BRICS to include South Africa, another energy deficient state, with all five states recently hosting a summit in Durban, South Africa………………………………………..Full Article: Source


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VRS - who has written 37739 posts on Opalesque Commodities Briefing.


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