Brazil to start discussions on joining OPEC in July: energy minister

Brazil will start discussions on joining the Organization of the Petroleum Exporting Countries during a visit to Saudi Arabia in July, its energy minister Bento Albuquerque said on Wednesday.

“I have a visit to Saudi Arabia in the middle of this year, then we can start the discussion,” Albuquerque told Reuters, adding that Brazil’s membership in OPEC would not happen this year.

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