Oil

Bolsonaro says would like to see Brazil an OPEC member

Brazilian President Jair Bolsonaro attends the Brazil-United Arab Emirates Business Forum in the Emirati capital Abu Dhabi, on October 27, 2019.
AFP | Getty Images

Brazilian President Jair Bolsonaro said on Wednesday that he would like Brazil to join the Organization of the Petroleum Exporting Countries (OPEC).

"I personally would very much like Brazil to become a member of OPEC," Bolsonaro said at an investment conference in Riyadh.

He said he would have to consult with his economy and energy ministers to ensure they could follow through if a decision was made.