Brazil's accession was announced a day after President Luiz Inácio Lula da Silva visited Riyadh, where he was welcomed by Saudi Crown Prince Mohammed bin Salman Effective Jan. 1, 2024, South ...

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

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

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 on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also ...

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

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

India wants oil producers group OPEC and its allies to raise oil output as there are countries such as India where fuel demand is rising, the nation's oil secretary Pankaj Jain said on Thursday.