Brazil Set To Join OPEC From Next Year

Brazil is among the world's top 10 producers and has been the largest oil producer in Latin America since 2016.

Major producer Brazil will join OPEC+ from next year, the oil cartel announced on Thursday.

Brazil is among the world's top 10 producers and has been the largest oil producer in Latin America since 2016.

Its crude production hit a record 3.7 million barrels per day in September, a near 17 percent increase from the same month last year and a 6.1 percent hike from August, according to pricing agency Argus Media.