Brazil is the world’s seventh-largest oil producer, with about 4.3 million barrels daily, or 4% of the world´s output, according to Energy Information Administration, a U.S. government agency.

Brazil's decision to join the OPEC+ cooperation charter seeks to expand dialogue on the oil market and promote biofuels, while not officially joining the cartel. Minister Silveira intends to use ...

Once a climate champion, Brazil's president, Luiz Inacio Lula da Silva, is pushing for more oil drilling, even as the country ...

BRASILIA, Brazil — 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 ...

BRASILIA, Brazil — 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 ...