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Bolsonaro wants Brazil to join OPEC

WorldNews Monday, 4 November 2019 ()
Bolsonaro wants Brazil to join OPECThe gesture indicates 'determination to make reforms in the energy sector' Brazilian President Jair Bolsonaro's wish for his country to join the Organization of the Petroleum Exporting Countries, or OPEC, could signal that Brazil is willing to make its energy industry better integrated with the global industrial chain, analysts said. Bolsonaro said that he would "personally like Brazil to become a member of OPEC" and that the partnership between Brazil and the OPEC could help stabilize global energy prices. "I think the potential is there. We have vast oil reserves," he said at an investment...
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