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Brazil still has no plans to join OPEC – Energy Minister

RIO DE JANEIRO, BRAZIL - Brazil has no plans to join the Organization of Petroleum Exporting Countries (OPEC) for the time being. However, it is working with the group, Mines and Energy Minister Bento Albuquerque said Wednesday (17).

President Jair Bolsonaro said in 2019 that he wanted his country to join OPEC, a move that would likely require Brazil, the world's seventh-largest oil producer based on 2020 figures, to limit oil production.

"At the moment, there are no plans to join OPEC. We continue to work with OPEC cooperatively," the minister told reporters in Abu Dhabi during an energy . . .

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