Brazil dances with OPEC The country, likely to become a major exporter of crude, is serious about joining the cartel which - in the long term - could push up prices.

Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s evolution into a major oil state just nine months ahead of hosting the ...

Brazil will start the process of joining the Organization of Petroleum Exporting Countries Plus (OPEC+) alliance this January. OPEC announced the development after a virtual ministerial meeting ...

South America’s largest oil producer, Brazil, will launch discussions on potentially joining OPEC in July, Brazilian Energy Minister Bento Albuquerque told Reuters on Wednesday. In July ...

Brazil has decided to stay out of OPEC for the time being as it seeks to expand its oil production, Bloomberg has reported, citing energy minister Bento Albuquerque.

“Brazil’s entrance to any OPEC body is another sign of the government’s setback,” says Suely Araújo, a spokesperson of the Climate Observatory, a network of 133 environmental, ...

BRASILIA, Brazil (AP) — Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s evolution into a major oil state just nine ...

BRASILIA, Brazil (AP) — Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s evolution into a major oil state just nine ...

BRASILIA, Brazil (AP) — Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s evolution into a major oil state just nine ...

Brazil is the world’s seventh-largest oil producer, with about 4.3 million barrels daily, or 4% of the world´s output, according to Energy Information Administration, a U.S. government agency.