Effective Jan. 1, 2024, South America's largest country will join the Organization of Petroleum Exporting Countries (OPEC), Brazil's Minister of Mines and Energy Alexandre Silveira announced this ...

indicating that the move would be key to OPEC's and Brazil's energy transition efforts LONDON, December 1. /TASS/. Brazil is to join the OPEC+ group of oil-producing countries but will not take ...

“But this is not a plan for Brazil to join OPEC or any other association or group of oil and gas producers. We don’t want restrictions, we want to increase our production.” This despite the ...

Brazil will join the group next year, according to a statement from OPEC Plus. OPEC Plus struggled to reach this latest agreement for voluntary cuts amid internal tensions among members.

OPEC Plus will extend its cuts until at least December. Demand has weakened, and other countries, including the United States ...

OPEC+ is leaning toward reviving oil production as planned in October, according to delegates involved in the discussions.

OPEC+ has staved off an oil surplus this year by deciding to restrain production a little longer. But the temporary fix won’t ...

OPEC plus, which is comprised of the 14 nations, and OPEC plus 10 other non-OPEC members like the U.S. and Russia are all set to meet on October 5th, an in-person gathering for the first time ...

OPEC+ has agreed to delay a planned oil output increase for October and November, the producers group said on Thursday after ...

September 27, 2016. Oil prices rose modestly ahead of a meeting of producers from the Organization of the Petroleum Exporting ...

Goldman Sachs adjusted its expectations for OPEC+ oil production saying it now expects three months of production increases ...