.
.
.
.

Brazil has no plans to join OPEC ‘at the moment:’ Minister

Published: Updated:

Brazil continues to work with the Organization of the Petroleum Exporting Countries (OPEC) but has no plans to join the group “at the moment”, Brazilian Energy Minister Bento Albuquerque told reporters in Abu Dhabi on Wednesday.

For the latest headlines, follow our Google News channel online or via the app.

“At the moment there are no plan to join OPEC. We continue to work with OPEC in a cooperative way,” he said, speaking on the sidelines of an energy conference.

Brazilian President Jair Bolsonaro said in 2019 he wanted his country to join OPEC.

Read more:

OPEC secretary general expects oversupply in oil market next year

OPEC+ rejects Biden’s plea for bigger oil-supply increase

Kuwait nominates former governor Haitham al-Ghais as new OPEC chief: Sources