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29 de sept. de 2025 The BRICS bloc of emerging economies will not control 80% of world oil production after an expansion that was agreed upon in August 2025, contrary to posts on After including three of the world’s largest oil exporters, the KSA, the UAE and Iran, to BRICS, the expanded group’s global oil supply would exceed 40%, up from about In 2025, upstream oil and gas production landscape is expanding, and the number of oil and gas fields in production is increasing significantly; oil and gas recoverable BRICS now control 40.9% of the world’s oil supply, exporting millions of barrels to other countries every year, according to the latest estimates from OilPrice. Russia’s oil production has BRICS share of global oil production from about 20% to 43% in 2025. Tension among partners China and Russia view the BRICS as a potential counterweight to the dominant position of Greater share of global oil production – A recent analysis published at VisualCapitalist.com finds that the new, expanded BRICS will now collectively represent 43% 6 de sept. de 2025 China continues to work to shape a new global market order in oil markets. With the addition of all three new members, the BRICS group would control around 41 percent

BRICS Global Oil Supply Surges: From 30% to Over 40% - What It Means for 2023 and Beyond

The BRICS nations (Brazil, Russia, India, China, and South Africa) are playing an increasingly significant role in the global oil market. Recent analysis reveals a substantial increase in their collective share of global oil supply. In fact, estimates show BRICS now control 40.9% of the world’s oil supply, exporting millions of barrels to other countries every year, according to the latest estimates from OilPrice. Russia’s oil production has played a crucial role in this shift.

BRICS Expansion and Oil Dominance: Fact vs. Fiction

While some claims of BRICS controlling 80% of global oil production are inaccurate, the expanded group's influence is undeniable. Posts circulating online about BRICS controlling 80% of world oil production are misleading. However, after including three of the world’s largest oil exporters, the KSA, the UAE and Iran, to BRICS, the expanded group’s global oil supply would exceed 40%, up from about 30%. This expansion significantly reshapes the geopolitical landscape of energy.

The Rise to 41% and Beyond: Key Factors

The jump in BRICS' share of global oil production is attributed to several factors. China continues to work to shape a new global market order in oil markets. With the addition of all three new members, the BRICS group would control around 41 percent of global oil supply, demonstrating a considerable increase in their influence.

Looking Ahead: Challenges and Opportunities

The increased oil production within the BRICS nations presents both opportunities and challenges. A recent analysis published at VisualCapitalist.com finds that the new, expanded BRICS will now collectively represent 43% of global oil production. However, tensions among partners like China and Russia, who view the BRICS as a potential counterweight to the dominant position of Western nations, could impact future strategies.

While 2025 may bring further shifts, with potential for BRICS share of global oil production from about 20% to 43% in 2025. In 2025, the upstream oil and gas production landscape is expanding, and the number of oil and gas fields in production is increasing significantly; oil and gas recoverable reserves are also growing, the immediate impact in 2023/2024 is a consolidated position as a major player in the global oil supply chain. The focus remains on monitoring the evolving dynamics within the bloc and its impact on global energy security.

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