Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...

Brazil has joined OPEC+ two years after the group extended an invitation, but its membership will not be binding with regard to production cuts, the country’s energy minister said.

With growing competition from non-OPEC producers, the group may need to reassess its production strategy to avoid further ...

Though non-OPEC members agree to cooperate with OPEC nations, Brazil won't have any binding obligation such as production cuts, Mines and Energy Minister Alexandre Silveira said at a news conference.

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 ...

Though non-OPEC members agree to cooperate with OPEC nations, Brazil won’t have any binding obligation such as production cuts, Mines and Energy Minister Alexandre Silveira said at a news ...

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 months ...

Though non-OPEC members agree to co-operate with OPEC nations, Brazil won't have any binding obligation such as production cuts, Mines and Energy Minister Alexandre Silveira said at a news conference.