Brazil's decision to join the OPEC+ cooperation charter seeks to expand dialogue on the oil market and promote biofuels, while not officially joining the cartel. Minister Silveira intends to use ...

(AP Photo/Andre Penner, File) 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 ...

“The meeting welcomed H.E. Alexandre Silveira de Oliveira, Minister of Mines and Energy of the Federative Republic of Brazil, who will join the OPEC+ Letter of Cooperation as of January 2024 ...

MOSCOW, November 30. /TASS/. Brazil will join cooperation with OPEC+ starting next year, OPEC said in a statement. Brazil's Minister of Mining and Energy, Alexandre Silveira de Oliveira ...

China’s position as the top buyer of Brazilian crude might diminish, with Europe and perhaps even Nigeria becoming major ...

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Brazil was the world's seventh largest ... In the event of serious shocks on the market, the country will join the policies of other members [OPEC+]," the expert said.

1532 ET – Crude futures post back-to-back weekly losses as the market awaits the outcome of the OPEC+ weekend meeting where the producer group will decide on output levels for June, with many ...

May 5 (Reuters) - Goldman Sachs reduced its oil price forecast following decisions by the Organization of the Petroleum Exporting Countries and its allies, OPEC+, to accelerate oil output ...

Brazil is the world’s seventh-largest oil producer, with about 4.3 million barrels daily, or 4% of the world´s output, ...